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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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