What if you could track the shipment of a particular grocery item all the way back to the original producer, and do it in a matter of seconds?
If you were dealing with potential food contamination issues — like Rose Acres recently experienced with their 207 million egg recall — and needed to find out whether a particular food shipment was part of a recall, that could take a few days.
Normally you would have to wait for the supplier to contact you with the necessary information. Meanwhile, you’ve pulled all possibly-contaminated items off the shelf while you wait for the correct information to arrive.
With blockchain supply chain development, you could scan the barcodes of a specific item — a carton of eggs, a case of strawberries, a bag of spinach — and be immediately alerted whether it needed to be pulled or if it was safe to sell and consume.