In future, there will be more food industries in the list that uses blockchain technology for their supply chain management

1. Blockchain In Food Industry
www.bitdeal.net

2. Introduction
Blockchain - A ground-breaking technology, after the application in cryptocurrency
and bitcoins, is now started refining every industry. The list of industries that are
boosted-up by the adaptation of Blockchain Technology involves Health Care, Supply
Chain, Insurance, Education and so on.
Supply Chain, being a vivacity of each and every industry, plays an important role in
maintaining the whole process obvious.

3. Agriculture and Food Supply Chain
One of the major fields that are eradicating from society is "Agriculture". It is a process
of producing food and other desired products by the process of cultivation.
Food Supply Chain is the system that comprises of process of managing the whole
process of food from manufacturing till the consumption of the food. It is a wholely a
long and tedious process.

4. Issues in the Food Supply Chain
Every supply chain is a tedious process and faces many problems. Here let us look at
some major problems that occur in "Food Supply Chain".
1. Lack of Traceability
2. The high cost of Supply Chain
3. Fraudulence in Food
4. Illegal Production
5. Inability to maintain Quality and Safety

5. Blockchain in Food Supply Chain
Now, let us deeply look into how this blockchain technology would be implemented in
the food supply chain.
1. Storing the information on food crops by farmers
2. Adding food processing details using food processors
3. Bidding for processed products by Wholesalers
4. Safety of Food can be traced by End-consumers

6. Benefits of Blockchain in Food Supply Chain
1. Easy to Trace
2. Safety of Food Products
3. Quick and Safe Transactions
4. Efficiency
5. Reduced Cost
Explore more benefits of Blockchain in Food Supply Chain here !!

7. Future Scope
Blockchain is a vibrant technology that cherishes every industry to the transformation
of the next level. The most notable application of blockchain technology in the food
supply chain and many food industries have started implementing it. Some of the
companies such as Skuchain are building blockchain-based inventory financing
models.
This would surely help the traceability of food items even by end-users which inturns
increases trust. In future, there will be more food industries in the list that uses
blockchain technology for their supply chain management.