You can typically imagine a two to three round process between a buyer and a seller," Profile Print founder and CEO Alan Lai told "CNBC Tech: The Edge."
"Profile Print digitalizes food ingredients, so that buyers and sellers no longer need to ship samples physically," Lai added.
Using its patented digital fingerprint technology, Profile Print quickly analyzes the identity and quality of ingredients.
In 2024, Profile Print signed agreements with Brazil's two largest coffee manufacturers, as well as Instituto CNA, a government-backed institution representing Brazil's agricultural sectors.
Watch Alan Lai demonstrate Profile Print's technology in the video above.
Persons:
Alan Lai, Lai
Organizations:
CNBC Tech, Instituto CNA
Locations:
Singapore