Developing A Blockchain-based Food Supply Chain Traceability System

submitted 4 years ago by anjaliyadavoodlestechnologiescom to bitcoin

Is it possible to apply blockchain solutions to the food supply chain for traceability? It was a technology developed for the financial sector and crypto-currencies. However, we can use it due to its potential to simplify the access to accurate data about the sources, manufacturing conditions, and delivery of a product through the supply chain. The food chain is one of the world’s most dynamic and fractured supply chains. Many businesses are exploring the ability to track and guarantee the provenance of a food product while tracing under what conditions it was made. They believe that a blockchain-based food traceability supply chain system can be the most viable solution for achieving trustless traceability and transparency across the food supply chain.