Title : | How blockchain can revolutionize the foodchain |
Author(s) : | |
Source : | Troy Media |
Year : | 2017 |
Link : | http://troymedia.com/2017/12/19/blockchain-revolutionize-foodchain/ |
Country : | World |
Commodity: | All Food |
Abstract: | The cryptocurrency revolution has introduced some interesting technology, notably the blockchain concept, which holds great potential for the agri-food sector. Blockchain is a way of storing and sharing information across a network of users in an open virtual space. The technology allows users to look at all transactions simultaneously and in real-time. In the food industry, the potential is vast. For example, a retailer could easily discover who else his supplier has dealt with. |