A Blockchain System- Making the Process Fast
The food supply chain is extremely complex especially when products move between many across the globe. The current challenges with traditional methods of food traceability include incomplete or inaccurate recordkeeping, slow response times, frauds, lack of data transparency, and difficulty tracing products through multiple steps in the supply chain.
Blockchain technology is now being increasingly integrated in the food supply chain to enhance traceability and safety. With blockchain food traceability systems, we record every step of the journey from farm to consumer and it can be accessed easily.
Why Is Traceability in Food Important?
Food traceability is the ability to track the journey of a food product through all steps of the supply chain, including processing, distribution, and ultimately sale. The key with traceability is to identify where the product was made, who produced and sold it.
Importance of food traceability information
- Verify claims about origin and ingredients of a specific product
- Enable companies to ensure quality of a product
- Identify and respond to issues as quickly as possible
- Ensure organic certifications on food are lawful
- Identifying foodborne illness risks before they reacah the customer
- Show customers the origin and details of products to gain more trust from consumers
A Promising Tool for Food Safety and Security
Blockchain technology is allowing food industry to incorporate the latest trends into their production systems to enhance transparency and improve traceback.
Blockchain offers the following benefits in food traceability:
Food companies can now utilize the blockchain and its perks to inculcate transparency in their supply chain process. Blockchain has the potential to adding an extra layer of security to the food industry, blockchain provides:
Since the data is captured at every step and accessible to everyone within the network, blockchain brings transparency in food traceability. From production to the sale of a food item, everything is recorded to get rid of any food frauds.
Blockchain improves the way food is tracked, transported and sold. By maintaining every digital record of the transaction, it could overcome inaccuracies caused by traditional paper-based records.
Secure and quick transactions
With blockchain, it is possible to transfer the information in a couple of minutes. Once the data is validated, it is replicated on different networks to ensure its security.
Blockchain could bring much progress in food safety by saving lives and cutting down costs. As the permanent records of information are maintained on the blockchain, there are very less chances of contamination incidents.
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