Topic: Using Blockchain to solve Food Supply Chain Problems (Read 132 times)
There are a lot of similar projects about this issue. They want to solve the problem on food supply chain. But, until today I didn't meet any proper project. Most of them kinda struggle to face the development or to get into industry. It's not really hard to imple blockchain to this industry but the problem is how would you make this adopted by common people?
Food Supply Chain
Food supply chain involves every process from the production of raw materials for food to the delivery of the processed food to the end consumer. The food passes on from the farmers to the manufacturers, distributors, retailers and consumers and on the other hand, the cash flow takes place the other way round.
Problems IN FOOD SUPPLY CHAIN
Complex Ecosystem
The food supply chain has a complex structure with the participation of multiple players including the farmers, manufacturers, suppliers, distributors, retailers and consumers. As these players are not familiar with each other, there is no mutual trust creating the need for food traceability.
Zero Safety
The absence of an authentic channel to keep track of the food supply chain paves way for the addition of unsafe/contaminated food products to it resulting in zero food safety. The lack of food safety increases the probability of food borne diseases.
Food Recalls
In certain cases, food recalls take place to check the quality of food or the presence of allergen in the same. Though it sounds simple in theory, food recalls are tiresome, time consuming and cost a lot of money.
No Transparency
Illegal food production prevails as the traditional food supply chain has no room for the transparency of goods. Food produced by unauthorized means target largely on monetary gains with no concern for hygiene.
How it works BLOCKCHAIN CONTRIVANCE IN FOOD SUPPLY CHAIN
The consumers today are so concerned about getting to know more about what they eat; where the food comes from and how it is produced. However, the conventional food supply chain fails at providing such lucidity as it witnesses the participation of various players such as growers, manufacturers, distributors and retailers before the food products finally reach the end consumer. Additionally, there is a lack of trust between the stakeholders of the food supply chain as they are strangers to each other.
Blockchain being an immutable and decentralized ledger imparts seamless transparency and 100% security to the food supply chain which in turn promises food safety to the customers and establishes trust between the players simultaneously.
Blockchain Solutions FOR FOOD SUPPLY CHAIN
Blockchain is a decentralized network with an immutable ledger base. It stores data in blocks making authentic record management possible. Besides, the participants are provided with complete transparency of Blockchain data.
Food Traceability
Provenance tracking of the food products is now a cakewalk as blockchain records every minute detail right from the production phase to the delivery of the food products to the consumers. Say for instance, you can view any credential of the given food product such as where and when it is produced, the shelf life of the food product, the temperature at which it is stored and much more.
Food Safety
No fraudulence activities happen in the food supply chain under the guard of blockchain. The superfluous technology fetches the proof of ownership as the food products pass through the hierarchy. In such a case, the safety and quality of the food products remain untouched.
Improved Trust
As Blockchain is an immutable and decentralized network not manipulated by anyone in particular, every stakeholder of the food supply chain counts it as a reliable source. The commonness in dependency in turn encourages a player to trust every other player on the network at large.
Marketplace Creation
Blockchain incorporation in the food supply chain literally puts an end to the existence of unsafe food. With the elimination of fake products, the food supply chain reaches a higher stratum in terms of quality which helps it to create an unparalleled market of its own.
At Trace Food, we facilitate seamless and effective management of fruit supply chain with inventive blockchain solutions devised by leading blockchain developers. We strive to set fresh paradigms in the fresh produce industry with our progressive Blockchain deliverables.
Source: https://tracefood.io/
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