2. page
08
Applying Block Chain In
Food industry
FOOD SAFETYIN SUPPLYCHAIN
PRECISION AGRICULTURE - Block chain closely coupled with other modern technologies such as drones, smartphones and
IoT can help improve our food supply system, while facilitating cost-effective, democratized and profitable growing of
organic, specialized and other highly-desired foods in places ranging from urban rooftops to hitherto too-small-to-cultivate
plots in far-flungor inaccessible areas.( SmartContracts ]
FOOD TRACEABILITY – One of the biggest benefits of block chain is its public nature providing provenance, traceability and
transparency of information. For example, in a food supply chain, all of the transactions for one item of food can be seen and
validated at any point in time Food fraud s therefore less likely and, if it does occur, easier to spot. At the same time,
consumers are reassured that companies cannot change the information in a bid to hide the true origin and movement of
the product through the supply chain. Real time info empowers the whole supply chain to be more responsive to any fraud
threats or food safetydisasters.
LIVESTOCK WELLNESS AND DISEASE CONTROL – Enabling block chain in food traceability and transportation, but block chain
can also record the entire health cycle of livestock as well as fish. The technology can additionally isolate both beneficial
activity and disease vectors to particular barns, stalls, pens or oceanic locations. This can be done using a variety of IoT and
radio-frequency technologies,which canacquiredata andinput results that are uploadedto the blockchain
AGRICULTURALDISRUPTIONS
LAND OWNERSHIP AND AGRICULTURAL FINANCING - With block chain, a small farmer, even in a politically-troubled locality,
can attempt to assure that they retain ownership of, and legal title to, their land. For example, the technology found in their
smart phone — GPSand a camera — can increment a block chain record that is widely distributed and difficult to repudiate,
even after periodsof political turmoil
DRONE FARMING - safety of drone components and construction, the validation of authority to operate drones throughout
the growing cycle by addressing the growing problems of Deconfliction with multiple drone operations in airspace that is
restricted due to population density, and noise concerns to both people and livestock can be addressed by Block Chain
through a smart contracts executed by concerned stakeholders at the right time
CONNECTED ECOSYSTEM – Block chain can enable a distant restaurant, school, or even family to “sponsor” land,
understanding its exact cultivation history and receiving the exact product. Thus there can be an assured, secure
understanding of every aspect of a farm plot’s ownership, financing, agricultural personnel and cultivation history. Such
items as seed purchasing, fertilizer usage and weather data can be authenticated and added to the block chain. With this
trusted, distributed, immutable record, arestaurant could reserve asmall piece of afarm in adistant area —or in a nearby
neighbourhood urban or hydroponic garden —for its own menu innovation andcustomer interaction
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06
Application
Applying block Chain to address these challenges
Streamline payments processingwith high
efficiency, fast and secure transactions.
empower global transactions removing
AUTOMOTIVE
borders and minimizing auditcomplexity
BANKING, FINANCIAL,FINTECH
TrackTruthful history of
from pre-vehicle
production
scraping-
to sale to
enable
spares/partsSCM
Increased security and
lower transaction cost
through decentralized
storage
COMMERCIALVEHICLE
& TRANSPORTATION
Tracking stops
through IOT and
immutable travel
ledger
Accurate Tracking for
Gas, ride, Wear and
Tear through IOT and
immutable travelledger
PUBLICTRANSPORT,RIDESHARING
LAWENFORCEMENT
Integrity of Evidence,
resistanceto falsification of
case-data, documentation
of time-stamped
Chronological Chainoffacts
TRAVEL
ENERGY
GUNSAFETY
CREDITHISTORY
Passenger Identification, Boarding,
passport, payment and other
documentation digitized and verified
loyalty programs digitization and
tracking
Prevent illegal Downloading of music
provide proper compensation for
purchase directly to artists
Tracking gun ownership and
possession related information
tracking Criminal IDhistory and
attempts to purchase
Make credit reports more accurate,
transparent andaccessible
Bypass public grids to allow for
cheaper peer to peer energy transfer
and useof smart utilitymonitoring
DONATION
Auditable trail for donations to
prevent fraud and ensuring
compensation for recipients
Reduce voter fraud ,inefficiencies
with verifiable audit trails .
Minimize Govt. Fraud digitize most
processes increase accountability
and compliance for government
processes like identity validation
and citizen data
Drug Supply Chain integrity Patient
Databases/indexes on Block chain
claims Adjudication Medical supply
chain management transparency
and automation within the patient
to hospital or vice versa
trialtransactions clinical
provenance – integrity with an
auditable trial ofdata exchange
Efficiency, privacy and ownership MUSIC STREAMING
of patient healthdataLEGAL
Smart contract with defined
expiration, and
for relevantaccessibility
parties
MEDIA
Control of ownership and
prevention of
copyright infringement using
smart contracts
IOT
CYBER
Prevent
Immutable
CLOUD
STORAGE
hacking with
ledger,
guarantee validity & data
integrity No single point of
Failure (decrease in IP
anti-piracy/ SECURITYbasedDDoSattacksuccess)
Ability of IOTapplication to
contribute transactional
data on blockchains
Combined with machine
learning algorithm Block
chain can provide a
forecasting GOVERNMENT
& VOTING
decentralized
FORECASTINGtool
Transparency &
Verification of agreements
by decentralizing records
and recording paperwork
REALESTATEthrough digitization
Improve multiparty
contracts streamline risk
HEALTHCAREand increase efficiency
INSURANCE through smartcontacts
HUMAN
WILL&
INHERITANCE
Tracking Donation
Allocation, accountability,
Integrity, Reduce
overhead and complexity
of donation payment CHARITY
processing
Smart Contract to
determine validity of will
and allocation of
inheritance
Digitizing,
academic
verifying
credentials
and information of
professor and EDUCATION rules,class,
student
Background checks,
verification of identity,
Employment history,
Payment and benefits
process validation – RESOURCES
smartcontracts
MARKETING
Bypass Intermediaries
providing more cost
effective marketing