Trace Register Launches TR5 for Processors

TR5 is an open platform built on GS1 and Global Dialogue for Seafood Traceability (GDST) standards.

Blockchain
Getty Images

Trace Register (TR), a leader in full-chain seafood traceability, launched TR5 for processors. TR5 is an open platform built on GS1 and Global Dialogue for Seafood Traceability (GDST) standards. It enables subscribers to achieve full-chain traceability (FCT) and provides capabilities to receive data from any GDST compliant traceability system and send fully linked FCT data to anyone.

FCT is possible due to this interoperability. It enables seafood supply chains to collaborate, add business value, improves sustainability and social responsibility, and restores the consumer’s trust in seafood.

“While the seafood industry faces many challenges, there is also a bold new world of emerging technologies. When companies fully embrace these new technologies, they will see immense benefits,” says Phil Werdal, CEO and founder, Trace Register. “Our goal is to partner with seafood companies and help them achieve their potential.”

The advances of the new TR5 platform are significant. It works with existing and new technologies that can be used by every member of the seafood supply chain. The TR5 platform has been designed to utilize five key technologies: GS1 and GDST Data Standards to enable interoperability; critical tracking events (CTEs) to organize key data elements (KDEs),  linked data for sharing data in new ways, blockchain to ensure data is not altered as it moves between trading partners, and continuous monitoring continuous auditing (CMCA) to verify data validity and completeness. 

Together, these key parts enable companies to eliminate the redundant work of reformatting data, reduce by ninety-five percent the volume of data that needs to be processed, and use automation to monitor and verify supply chain data in near-real-time. 

The TR5 platform provides the following capabilities:

Interoperability

  • More easily integrate with ERP and other traceability systems

Efficiency and Productivity

  • Send far more information with far less data entry

Future Opportunities

  • Internet of things (IoT), artificial intelligence (AI), and GS1 Digital Link enabling direct consumer interaction 

Subsequent releases of TR5 will include versions for importers and retailers and are planned for later in 2020.

“Trace Register’s goal is to help seafood businesses leverage these new innovations to transform their approach and experience unprecedented success,” said Werdal.

Latest