National Transport Insurance (NTI) is participating in a blockchain trial involving the beef industry, which aims to improve safety and animal welfare and monitor export security.

Platform developer BeefLedger is running the pilot to track the paddock-to-plate journey of Australian beef.

The trial run will see premium live cattle transported from SA’s Limestone Coast to a processing facility in NSW, before shipment to Shanghai.

“While it’s early stages, we’re optimistic of the outcomes and learning, and what it potentially means for Australian suppliers, exporters and consumers,” NTI CEO Tony Clark said.