Our food supply chain mechanism requires several dynamic interactions between multiple players.
We can encourage shoppers to eat better, sellers to save money, and food to keep out of the news by simplifying them.
It will produce disruptive outcomes for companies.
The effect is a personalized suite of solutions that can increase food quality and freshness, enable efficiencies in the supply chain, reduce waste, improve the reputation of a company, and directly add to the bottom line.
A blockchain approach is not just about technology, it’s about addressing market challenges that were historically insolvable because the ecosystem failed to exchange information in an open, secure, and trustworthy way.
Usually, such networks involve resource-intensive computations to help stop fraudulent transactions.On the other hand, developing a permissioned blockchain-based food supply chain approach enables invited participants to know precisely with whom they are transacting.