The world’s largest blockchain food-traceability service, TE-FOOD has entered into a trilateral agreement involving the University of Debrecen and Laurel Group. The multi-level cooperation aims to explore and facilitate food traceability solutions.

The University of Debrecen which is currently the largest university in Hungary has over 25,000 students, boasts of an employee base of over 6000 people, 14 faculties, 363 educational buildings, and operates an annual budget of $640 million.

The University of Debrecen is working towards becoming a significant hub, pioneering food traceability solutions in Europe. By combining theoretical and practical knowledge, students of the institution will be well equipped to push the frontiers of blockchain solutions with regards to food traceability.

The President of the University, Zoltan Szilvassy on speaking about the agreement, said:

We expect that this cooperation will be a step forward for all parties. We unite this food safety experience with the university’s R&D, its educational farms, and the cluster of food companies around it to achieve a strong position for the parties in this very important sector.

The Laurel Group who are also a part of the cooperation will be bringing their vast experience from the international food tech industry to the table. The Group is partnered with TE-FOOD on sales and implementation, and they currently service top brands like Adidas, TESCO, Coca Cola, Butlers, Metro, SPAR, and IKEA, amongst others.

The CEO of the Group, Istvan Bessenyei, said:

I believe, that this level of food traceability will be a basic requirement in the agriculture of the future.