In a Memorandum of Understanding, TE-FOOD and the FAO signed to cooperate on several activities. These activities are mainly focussed on using the blockchain to track livestock and generate statistical data. They agreed to:

  • Parties will contribute to better understanding of blockchain technology and the ability to use this for official statistics of the livestock sector.
  • Together, they will "conceptualize and develop a pilot case based on the pig statistics sector in Vietnam, including the General Statistics Office, the Ministry of Agriculture and Rural Development of Vietnam, and the Australian Commonwealth Scientific and Industrial Research Organisation (CSIRO) through its Data Innovation Group (Data61)".
  • Cost-effectiveness of the blockchain technology will be compared to other administrative data technologies, which could lead to recommendations and possible improvements.
  • A research agenda will be created with the goal of scaling up these approaches in other countries and other situations.

The primary goal of the Food and Agriculture Organization of the United Nations is to defeat hunger. They act as a neutral forum where all nations meet to negotiate and debate policy.