Blockchain Food Companies
Here is an overview of seven companies trying to protect your food with blockchain.
Blockchain food companies. It has been seen in the food industry supply chains and pharmaceutical distribution just to name a few. First they experimented with. More can be done to equip companies with real time traceability of products within global food supply chains. Governments major businesses and manufacturing companies have partnered with the technology giant already.
Blockchain can empower food companies to quickly categorize and give the all clear for safe products all while marking unsafe products back to their source and identifying areas they have been. It is likely that their influence in the blockchain platform industry is only going to increase in the next five years. Walmart has turned to blockchain technology to identify contaminated products to mere seconds. Blockchain a type of distributed ledger technology dlt has been increasingly gaining market traction in supply chains for example in proofing product provenance and implementing track and trace of products through the supply chain.
The greenfence platform uses ledger technology to authenticate and trace all actors in the food chain of custody process. Its smart tracking program aims to also collect environmental data from end to end across the food supply chain. Fortunately various companies around the world are experimenting with blockchain to improve food supply chains. While blockchain alone does not solve traceability it can be a gamechanger.
When implemented effectively it can connect and enable. With ripe io farmers leverage blockchain backed iot devices to automate farming processes distributors track food in real time and consumers receive verified information about their food s journey.