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Applying block chain processes in food industry

  • Unique Paper ID: 163620
  • Volume: 10
  • Issue: 11
  • PageNo: 1908-1914
  • Abstract:
  • Blockchain technology has shown promise in improving traceability, transparency, and trust across a range of businesses, including the food industry. Stakeholders in the food business can create decentralized, unchangeable records of transactions by utilizing blockchain technology, protecting the supply chain's integrity from farm to fork. This abstract examines how blockchain technology can be used in the food business, emphasizing how it can solve important problems including food theft, contamination, and inefficiencies in conventional supply chain management. Distributed ledger technology enables all parties involved in the food supply chain to safely document and monitor each stage of the manufacturing, processing, and delivery of food, giving customers never-before-seen insight into the source and path of the goods they purchase. Moreover, smart contracts powered by blockchain technology have the ability to automatically adhere to rules and specifications, promoting smooth collaboration between manufacturers, suppliers, regulators, and retailers. Food production, distribution, and consumption could undergo a radical change as a result of blockchain procedures, which promise to provide safer, more sustainable, and ethically produced food items through increased accountability and transparency.
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Cite This Article

  • ISSN: 2349-6002
  • Volume: 10
  • Issue: 11
  • PageNo: 1908-1914

Applying block chain processes in food industry

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