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Combatting Food Supply Chain Challenges with Blockchain and IoT Integration – A powerhouse amalgamation scaling business processes and systems.
A report by Cointelegraph Consulting and VeChain forecasts that it will be possible to trace $300 billion worth of food items in the supply chain within seven years, and could save $100 billion a year. The food supply chain has been long witnessing continuous pressure to enhance its processes to address
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- Technology
How is Blockchain securing digitized tracking and tracing?
Supply chains today are complex, globe-spanning, and multi-stakeholder systems. As the chain grows longer, tracking the current location of products and tracing and verifying their sources is increasingly tough.