Blockchain: The Next Revolution in the Food Supply Chain

How Blockchain Could Solve the Transparency and Traceability Challenges That Food Companies Face

By Judy Fainor, January 2018

For decades, the food industry has been reliant on inefficient, paper-based recording systems, causing transparency and traceability issues. Counterfeit foods, contaminated products and pressure from the FDA are prompting organizations across the supply chain to re-evaluate current tracking and registration models. Some are already turning to blockchain as a solution. While still in its infancy in the food industry, blockchain has shown promise among manufacturing and financial industries, which have already widely adopted the technology. From end-to-end visibility to tamper-proof data, a number of industries are realizing the technology's advantages.

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