Blockchain: Technology for our future food system?

Editor’s note: This is a summary of the article “Grocers Embrace Blockchain in New Era of Transparency,” authored by Jenny McTaggart, contributing editor at Progressive Grocer, published Feb. 16, 2018. Read it here.

Why is the food ecosystem so interested in blockchain?

Trust through transparency, according to a special feature penned by Jenny McTaggart in the Feb. 2018 issue of Progressive Grocer. By its very structure [blockchain] “ensures a ‘single truth,’ as data that’s entered on the ledger can’t be manipulated.”

In today’s marketplace, the promise of less manipulation and more transparency carries huge appeal. But there are other reasons, too, why blockchain is attractive to the food community — like the cost savings and benefits associated with food safety and traceability. McTaggart explains why blockchain may be an exciting technology for solving some of the food industry’s issues.

You can read the full article here.

Take a look and let us know your thoughts. Is blockchain the wave of the future for the food industry, or a fad you expect to come and go?