Trust is a big issue when it comes to where our food comes from, and blockchain could prove to be a useful tool.
Blockchain refers to a tamper-proof, distributed digital ledger that records transactions.
According to the research, which was released earlier this week, blockchain, along with "internet of things" trackers and sensors, would help to drive down costs for retailers. This would be achieved through the streamlining of supply chains, efficient food recall processes and "simpler regulatory compliance." The research is contained within the "Blockchain: Key Vertical Opportunities, Trends & Challenges 2019-2030" report.
In a statement Monday, Juniper Research said that the internet of things and blockchain would add "significant value" to those involved in the supply chain, namely, farmers, retailers and the consumer. In 2013, for example, the food industry in Europe was rocked when horse meat was found to be present in food products that did not list it as an ingredient.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Teva partners with Israeli institutes for early-stage drug researchTeva Pharmaceutical Industries on Monday signed research agreements with two lea...
Weiterlesen »
Harvard astronomer says mankind will go extinct from 'self-inflicted wounds' long before sun engulfs EarthAvi Loeb was asked how to save our civilization from the demise of the sun billions of years from now.
Weiterlesen »
Management research is clear as mudA new book argues that too much modern management research is a mess of inconsequential jargon
Weiterlesen »
Charles Schwab Acquires TD Ameritrade in $26 Billion All-Stock DealThe all-stock deal, worth $26 billion, creates an online giant in the retail brokerage industry that has been gripped by a price war.
Weiterlesen »