Tracefood offers the ideal way to collect data from supply chains. It is simple to subscribe to and donate to tracefood thanks to ready-made blockchain applications. Companies can also restrict users’ access to information using these tools.
2. Traceability
Food traceability is one of the
most important benefits offered
by blockchain. Food Traceability
helps to enhance the food safety
with innovative blockchain
applications.
Tracefood facilitates food
companies and consumers to
find out where the food items
are produced, how they are
manufactured, and the various
phases the items went through,
just by scanning the QR codes
on the packages.
Transparency
3. Blockchain in food supply chain helps to improve food
safety by making the operations more traceable,
transparent, immutable, auditable, and decentralized.
Blockchain is a distributed and decentralized database that
records data in a business network. It is a public digital
ledger that stores the same data across various systems and
enables all users to access them.
4. A food supply chain is a process that refers to the various stages the
food products go through from the producer to the consumer
The food supply chain encompasses different processes that include,
Production
Storage
Processing
Packaging
Distribution
Retailing
Consumption
Disposal
5. Blockchain in supply chain is revolutionizing the food industry by
offering a range of transparency.
Tracefood is already started to explore the market by providing certain
potential applications in food supply chain management in blockchain.
As per the stats provided by Research and Markets, the global market
size of blockchain in the agriculture and food supply chain is around USD
133 million in 2020 and is estimated to reach over USD 948 million by
2025.
6. Benefits of Blockchain in Food supply Chain
Traceability Transparency Quality Control
Blockchain supply
chain helps to track
the source of
contamination in
the food items and
also to identify
solutions by finding
the root causes of
problems.
Tracefood facilitates
food companies and
consumers to find out
where the food items
are produced, how
they are
manufactured.
Blockchain in food
supply chain
management helps
to record and
monitor data on the
food product quality
control procedures
across various stages
in the supply chain.
7.
8. Do you have any questions?
info@tracefood.io
+(203) 446-3590
https://www.tracefood.io
Thanks!