Part 4 :Benefits of Blockchain in Agriculture & Food Supply Chain
After going through 23 research papers relevant to blockchain technology in food supply chain , me and my team came across to 49 initiatives all around the world which can be summed up into 4 top categories :
Food Security
Defined as
“All people, at all times, have physical, social and economic access to sufficient, safe and nutritious food that meets their dietary needs and food preferences for an active and healthy life” — FAO
Blockchain helps in:
🔗Blockchain is regarded as an opportunity for the transparent delivery of international aid
📒For disintermediating the process of delivery, for making records and assets verifiable and accessible
🚨Respond more rapidly and efficiently in the wake of humanitarian emergencies
Food Safety
Defined as :
“Food safety is the condition of processing, managing and storing food in hygienic ways, in order to prevent illnesses from occurring to human population”
🔗Blockchain could provide an efficient solution in the urgent need for an improved traceability of food regarding its safety and transparency.
📀Recording information about food products at every stage of the supply chain allows to ensure good hygienic conditions
👍🏽Identifying contaminated products, frauds and risks as early as possible.
Food Integrity
Defined as:
Food integrity is about reliable exchange of food in the supply chain. Each actor should deliver complete details about the origin of the goods.
Well explained in Part 3 of this blog post, food traceability helps in mitigating food frauds by quickly identifying and linking outbreaks back to their specific sources..
Small Farmer Support with Smart Contracts
Blockchain could be very useful for small farmer cooperatives, because the transparency of information involved could help to solve disputes and conflicts among the farmers in a fairer way for everyone.
Given below is a beautiful “hypothetical” scenario of how a cooperative based in Africa can use a smart contract to facilitate the sale of its cereals’ production. The execution of the contract involves the automatic access of the buyer to a storage room, where the crops are stored.
Waste Reduction and Environmental Awareness
Supervision & management of Supply Chain
Will you consider using blockchain technology for your plant tissue culture lab ❔
Would love to hear from you 💚
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