Blockchain Food Safety Alliance

Blockchain fundamentals the easiest way to understand blockchain technology is to think of it as an electronic notary.

Blockchain food safety alliance. The easiest way to understand blockchain technology is to think of it as an electronic notary. It allows information to be taken and retrieved at various points in the supply chain such as production handling and retail. A notary protects the integrity of a document by verifying the signer s. The alliance relies on ibm s blockchain platform which serves as a distributed ledger to provide an audit trail of data on the supply chain of food products.

Ensuring brand owners data privacy and enabling better integration of online and offline traceability for food safety and quality management. Information on the platform can be retrieved at various phases of the supply chain and shared with the parties involved to help them determine the safety of the food products. Other companies can join he alliance and also share information using blockchain technology. The alliance will collaborate to enhance food tracking traceability and safety in china achieving greater transparency across the food supply chain.

The companies will create a standards based method of collecting data about the origin safety and authenticity of food using blockchain technology to provide traceability in the supply chain. The use of blockchain in this new collaboration will have two key benefits according to the partners.