Chocolates are crowned as the world’s most popular snack food. Annually, an average American consumes about 4kilograms of chocolate, whereas in Switzerland, the world’s leading chocolate producer, people consume over double this amount. Indians also have a sweet tooth having a liking on sweets and chocolates.
Chocolates hold a special place in all celebrations. However, not everyone is aware that chocolates can be contaminated or adulterated just as easy as any other food product. In fact adulteration in chocolates has many reasons including enhancing taste, chemical composition and preservatives for financial gain. Mostly they are contaminated by means of,
- Low quality ingredients and cocoa is used for making chocolates
- Starch is used during the manufacture of chocolates
- Minerals and preservatives are added to increase the bulk and lifespan of the final product
- Non-permitted artificial colouring can be used to add attractive colour to the chocolate
- Unintentional Contamination
Unintentional contamination of chocolates can also arise from carelessness and lack of hygienic practices during manufacture, packaging and storage. The trending technology blockchain provides ultimate solutions for all the problems and challenges in the supply chain.
Problems in the supply chain
Lucidity
Supply chain runs short of transparency as it involves a series of processes. So, there is enough space for duplicity in the chain. Mixed up packets are difficult to separate and are unable to differentiate.
Falsification
Replacing the products in a supply chain with fake ones is a cakewalk particularly with the involvement of numerous stakeholders including milk, cocoa and other primary ingredients. Nobody will know about the fraudulence and who carries it out. In, 2008 Chinese Milk Scandal shook the world, with the death of 6 babies due to the food contamination, and about 54,000 babies were hospitalized.
The scandal involved infant formula, milk, and various other food components being contaminated with an organic compound, Melamine.
Tracking
There are more chances for the product to get lost before the corresponding package reaches the customer in the absence of an authentic tracking system. In case of unintentional, lack of traceability makes the participants in the supplychain to find out where in went wrong.
Record update
It is hard to update the records in a supply chain as the record keeping process depends on the extent of manual efforts put in for the same. This makes the other participants unaware of the other processes followed in each phase.
Chocolate supply chain blockchain solutions
Record Keeping
Providing fullest security to the supply chain data is possible with the complex structure of blockchain in chocolate industry. The data entered into the blockchain makes the participants easy to view the other stages enhancing harmony and cooperation.
Data Tracking
With the authentic sensors and RFID labels powered by Blockchain for cocoa tracking the products in the supply chain down their origin is not really a big deal. The traceability helps in the case of recalls to easily segregate affected packages and correct the mistakes.
Trust
Blockchain implementation in the supply chain helps the vendors to gain the trust of the customers as the blockchain keeps the data consistent and valid. The immutability that is built through the decentralized system provides more interest and trustworthiness among public.
Cost effectiveness
In supply chain, blockchain takes away the interference of middlemen. This shall curtail the extra expenses to a much greater extent. The players of the cocoa supply chain know how much each phase makes out of it providing consistency.
Protection
The complex base of the blockchain in cocoa supply chain extends complete protection with encryption to the supply chain data involved. This prevents contamination and adulteration allowing more credibility on the product and quality.
Implementing Blockchain helps the overall working of the supplychain and seamless flow of work. Tracefood provide highly customizable chocolate supply chain blockchain solutions, crafted the best for your business needs.
Source: cocoa supply chain
The global Blockchain Supply Chain Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
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The major players in the Blockchain Supply Chain include IBM, Microsoft, SAP, AWS, Oracle, Huawei, Guardtime, Bitfury, TIBCO Software, Interbit, Auxesis Group, VeChain, Digital Treasury Corporation, Chainvine, OpenXcell, Datex Corporation, Algorythmix, BlockVerify, and Applied Blockchain..
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The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
