Blockchain Food Supply Chain
Blockchain can solve many of the problems plaguing today s supply chains.
Blockchain food supply chain. In this article we are going to take a closer look to address these concerns and how blockchain could make a positive impact on the food ecosystem. Blockchain s capability of tracking ownership records and tamper resistance can be used to solve urgent issues such as food fraud safety recalls supply chain inefficiency and food traceability in the current food system. The food safety modernization act fsma requires companies in the food supply chain to provide one back one up traceability. The ripe io blockchain ecosystem has a variety of tools to map the food journey including supply chain tracking secure data aggregation bran quality verification and sensor and iot integration.
Walmart has been working with ibm on a food safety blockchain solution to add transparency to the decentralised food supply ecosystem by digitising the food supply chain process. They created a food traceability system based on hyperledger fabric the open source ledger technology. Blockchain is being implemented in many ways throughout the end to end food process. Coordinating across multiple disbursed and often disconnected supply chain actors.
In the food industry. The main supply chain challenges that businesses seek to address are. Introducing blockchain to food supply chain. Value levers specific to commercial food supply chain companies.