Blockchain And IoT: A New Way Of Efficient Food Supply And Maintaining Food Safety
Food is one of the essentials parts of our daily lives. Due to this, food safety has continued to challenge the human race. Blockchain and IoT are said to be the game changers in terms of global food safety. With millions of people still falling ill due to contaminated food and thousands of them losing lives, the combination of blockchain technology and IoT can eliminate this problem up to an extent. IoT will play crucial roles such as…
…comprehensive monitoring through sensor technology, the automation of processes using robots, drones and other autonomous equipment and the rise of new business models.
The advantages of blockchain in the food industry include a versatile customer engagement which is fully transparent, easier governance over food quality, all information in one single place, and so much more. Similar integrations have already been a huge success in the Bitcoin world. The integration of blockchain in the food industry has been implemented by SeafoodChain and is now in the pilot phase.
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