Food Industry Innovation: Blockchain and automation reinventing supply chains

Food Industry Innovation: Blockchain and automation reinventing supply chains

Blockchain is a decentralised information technology that could improve food supply chains by increasing transparency, efficiency, security, and trust. Blockchain could enable consumers, delivery drivers, stores, and food and beverage companies to have access to transaction history that is immutable and traceable. Blockchain could also reduce transaction cost and time, enhance consumer trust, production speed, and product efficiency, and improve food safety and policies.

Here are some ways in which blockchain technology is transforming the food and beverage industry:

Supply Chain Transparency: Blockchain technology can help improve supply chain transparency by providing real-time visibility into the entire supply […]

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