How the Blockchain is Changing the Food Industry

Soon, Blockchain will be involved in almost everything that we do. Don’t think about how much Blockchain is “really” worth, or how much will it be in the future. Take a second to think about how the Blockchain can change the way we can send food around the world without it spoiling. First, let’s think about the history of shipping foods and why Blockchain could possibly be the closest solution to a global problem that has existed for hundreds of years.

The Spice Trade: it was that history lesson most of us forget but vaguely remember. Spice was a sign of colonial power. Whether you were the British sending spices back from India, or you were Arab Traders communicated with Venetian merchants. Spices were valuable because they could preserve foods and could mask the taste of spoiling food, if you were so lucky. Blockchain has opened doors for a new conversation about how we distribute information around the world. If you really think about it, Blockchain in the food industry, is the technological spice to foods that are shipped around the world. With transparency at all times, Blockchain has the ability to document whether or not a food product has left a warehouse in Idaho or if it has landed on the coast of Singapore. Now, food distributors can send their products farther, knowing whether or not their food product has is rotten, spoiled, or lost.

Now, to present day: Mastercard is collaborating with Envisible, a company that enables supply-chain visibility in food systems to bring more visibility to food that people eat every day. CoinTelegraph reported that in September Walmart was working with a Chinese Supply-Chain to track the manufacturing of its food products. The goal is to maintain transparency regarding the status and health food products as they travel around the globe. Through the supply-chain, Walmart could identify when an employee picked up the product; if the product was spoiled; if the product was dropped.

This is one of the many ways Blockchain can revolutionize an industry and improve the world without worrying about the speculative cryptocurrency market. Rather than considering food as a prized possession for first world countries, the Blockchain can help those in need by sending foods across the globe effectively through blockchain ledgers.

Of course, There will be a day when we can track our amazon fresh and see where our Amazon delivery really went. But for now, let’s hope supply chains begin to transform the way in which produce is distributed.

2 thoughts on “How the Blockchain is Changing the Food Industry

  1. Blockchain introduced in support of blockchain technology and later implemented in many areas like the music industry, social media, agriculture and many more. Among those blockchains also introduced in the food industry where it can be used to analyze the food quality and the movement of the food. Thanks for sharing the article with us. Food chain and blockchain both together can bring a lot of changes.

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