Food Blockchain XYZ has developed an Ethereum blockchain tool it calls Food Supply Chain 2.0, which aims to enable both end-to-end traceability of the food supply chain, using proprietary sensor systems, and a cryptocurrency called FoodCoin, for secure commercial transactions between buyers and sellers around the world. Food Blockchain XYZ was founded in 2016 and is a SparkLabs IoT Accelerator company based at the EPFL Innovation Park in Lausanne, Switzerland.