Food safety, traceability and sustainability blog

Is the Food Supply Chain Ready for Blockchain?


Stakeholders throughout the food industry, including research groups like FoodLogiQ Labs and standards organizations like GS1, have been evaluating how to best incorporate distributed ledger technologies into the food supply chain for years. This interest in blockchain stems from a broader effort to achieve greater transaction efficiency and interoperability between supply chain nodes, while also decreasing the risk of data corruption as goods change hands. The potential of blockchain-based food exchange to enhance inter-organization communication and supply chain transparency continues to drive development of pilot programs. New research is being conducted to shed light on the advantages and maturity of these programs.