FutureSense offers a SaaS platform that digitizes food supply chain operations using blockchain and AI. It provides high-performance provenance tracking, verifiable food safety certification via NFTs, and AI-driven solutions for loss reduction and demand forecasting.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional analog businesses, particularly within the food supply chain, face challenges in achieving digital transformation. This results in inefficiencies in provenance tracking, difficulties in ensuring food safety certification, and suboptimal performance in loss reduction and demand forecasting.
Solution
FutureSense provides a technology platform that facilitates the digital transformation of analog businesses by integrating blockchain and AI Web3 technologies. The platform offers a hybrid blockchain solution for high-performance provenance tracking, enhanced by NFT technology for robust food safety certification. Additionally, its AI-driven solutions are designed to optimize loss reduction and improve demand forecasting accuracy within the food supply chain. This comprehensive approach aims to increase operational efficiency and enhance product integrity.
Target Audience
The primary target audience includes businesses within the food supply chain, such as manufacturers, distributors, and retailers, seeking to digitize their operations and enhance product safety and efficiency.
Features
- Hybrid blockchain architecture for high-throughput provenance tracking and immutable record-keeping.
- NFT integration for digital food safety certification, enabling verifiable authenticity and traceability.
- AI-powered loss reduction algorithms, leveraging techniques such as Reinforcement Learning (RL) and NLNS for predictive analytics.
- Demand forecasting models utilizing DeepAR+, CNN-QR, Prophet, ETS, ARIMA, and NPTS, deployed via AWS Auto ML.
- SaaS platform offering digital transformation solutions tailored for the food industry.
- Participation in international forums, including discussions with the UN FAO, to advance sustainable agricultural technology.
- Recognition and awards for technological innovation, including first place in the IPC session at the 2024 Korea-US Science and Technology Conference (UKC).