🥗Traceability of food
Blockchain food traceability is gaining traction in the global agrifood sector. Food products travel extensively before reaching consumers. The journey from farm to store to retail sellers can be time-consuming and costly. By recording transportation processes on the blockchain, anyone can easily track the movement of goods. This transparency empowers consumers to monitor product availability and promotes fairer pricing.
Blockchain technology can decentralize control over transportation and enhance transparency in the process. Unlike barcode and RFID systems, blockchain tracking tags require no additional hardware or processes for installation. These tags are stored in data blocks and linked to specific goods. When a product is sold, ownership information is updated within the traceability tag.
Blockchain technology can address this issue by providing consumers with precise information about their food's origin, producer, and freshness. Workers simply need to scan products at each stage of the process to update the database with relevant information.
The desire to maintain a competitive edge will push the agrifood sector towards adopting blockchain technology.
Example of Blockchain Adoption: Walmart and IBM are demonstrating the potential of blockchain in agriculture through their collaborative project.
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