Described as an ‘open ledger’ for transactions, blockchain gives a secure way to track and transf
er assets through supply chains, states Sustainable Foods Summit.###It has the potential to transform the often opaque and diffuse supply networks for food products.###Blockchain helps mitigate risks of food fraud and safety. It is estimated that one in 10 food products are adulterated or mislabeled. ###Tampered products can be easily identified and isolated, preventing expensive product recalls. ###By pinpointing contaminated batches, safe products can be kept on store shelves and not sent to landfill. ###The amount of food waste can therefore be reduced.###Walmart is working with Nestle, Dole Food, Unilever and Tyson Foods on blockchain pilot projects. ###The retailer says a 1% reduction in food-borne illnesses in the US could generate an additional US $700 million in increased productivity.###Walmart believes blockchain will do for transparency what the internet has done for communication. ###In one of its blockchain projects, it took 2.2 seconds to trace manbayer calciumgoes to the farm. ###Without blockchain, this would take the retailer six days, 18 hours and 26 minutes to identify the original farm.###Trading###Apart from transparency and traceability, blockchain speeds up transactions, enabling farmers to get paid quicker. ###It also prevents price coercion and retroactive payments, common to the food industry. ###For instance, the Louis Dreyfus Company recently conducted the first blockchain agriculture commodity trade. ###It sold ci
trate vitamin d60,000 tons of American soybeans to the Chinese government. ###The entire transaction took a week, reducing total logmagne
sium citrate 100istics time by 80%.###Ecovia Intelligence believes blockchain could change the dynamics of the food industry.###Like Uber and Airbnb, it can eliminate middle-men and reduce product prices. ###The technology could shift power away from the multinationals and trading houses, which currently set pricing terms, dictate product varieties, and quality specifications. ###By removing intermediaries, growers can connect directly with retailers, foodservice operators, and even consumers. ###Small producers are likely to benefit most from fairer prices and a wider customer
base.###Imag citrate liquid for constipationnformed buying###The biggest revolution however is likely at the consumer level. ###Consumers are becoming increasingly discerning when buying food products, seeking information on environmental, ethical, and health attributes. ###Blockchain is a platform that provides all these informational needs.###Using the example of Carrefour chicken, consumers can scan the quick response code to get product origins: where and how the chicken was raised, the name of the farmer, what feed was used (domestically grown cereals and soya beans, GMO-free soya beans, etc.), what treatments given (e.g. antibiotics), quality labels (organic, free-range, etc.), where slaughtered, etc.###Blockchain can empower consumers to make more informed decisions about the products they buy. ###It also has the potential to detangle convoluted and opaque supply chains for food products. ###It remains to be seen not if, but how qucalcium citrate with vitamin d magnesium and zincickly, it can build a more sustainable food industry.###Blockchain and its sustainability implications will be featured in upcoming editions of the Sustainable Foods Summit in June (Amsterdam) and September (Singapore).

Europe: Using blockchain in the foodzinc citrate orthoplex industry
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