- Security Matters (SMX) completes laboratory tests on marking oyster shells with a food-grade marker while the oyster is cleaned and processed
- Commercial conversations with prospective oyster suppliers have already commenced, and complete marking operations are scheduled by these early adopters until the end of Q1 2022
- SMX said its oyster development enables firms to assure brand provenance, quality protection, traceability, and authenticity of premium oysters
- Shares in SMZ were up 10 per cent at the end of the trading day, sitting at 27.5 cents each
Security Matters (SMX) has announced the completion of laboratory tests on marking oyster shells with a food-grade marker while the oyster is cleaned and processed.
Commercial conversations with prospective oyster suppliers have already commenced, and complete marking operations are scheduled by these early adopters until the end of Q1 2022.
SMX said its oyster development enables firms to assure brand provenance, quality protection, traceability, and authenticity of premium oysters for customers and their consumers.
The application of SMX’s marker will enable the invisible labelling of oyster shells with information on their specific geographical origin.
The tagging technology is unaffected by the industry’s normal chilled settings and has withstood the oyster’s shelf life.
“This is the first of several large superfood markets where our technology can be applied to provide all value chain players with the ability to meet the consumers and stakeholders’ expectations on the origination of their products and sustainability, whilst also increasing the marketability of products which has the potential to increase sales,” CEO Haggai Alon said.
Shares in SMX were up 10 per cent at the end of the trading day, sitting at 27.5 cents each.