Bringing together food supply chain participants in a transparent ecosystem
With Farm to Plate, Blockchain technology features like immutability prevent data duplication or modification of transactions unless validated by stakeholders thus addressing the gap that traditional food supply chain systems have.
IoT or connected devices and legacy data aid the tracking and tracing in the food supply chain that are recorded in a distributed ledger built on a Blockchain. These recording of event and data entry are called transactions and every stakeholder who needs access to the data is provided digital IDs so the access and/or changes in the transactions can be recorded as separate entries. Thus tracing of processes, and associated accountabilities are on a database that can be trusted because it is immutable, and can be associated with the process or transaction owner.
Tackling Food Supply Chain Challenges
We understand the enterprise supply chain’s challenges in dealing with multi-nation, multi-system operations. With massive amounts of manual paperwork and multiple procedural hassles, freight processes today are complex, inefficient, and expensive - and that is what we aim to change with Farm to Plate. Every participant in the food supply chain faces challenges that could include -
- Lack of transparency of data and information
- Inability to hold a stakeholder accountable
- Manage documentation
- Sustainable sourcing
- Working with regulatory authorities to speed the certification process.
Farm to Plate can help solve these challenges.
Through QR code scans or IoT sensors, every process in the food supply chain can be traced and recorded. For produce originating from farms or plantations, key data points like soil temperature, weather, moisture, location can be captured.
Participants on Farm to Plate can store relevant documents associated with each process in the supply chain. These documents can act as proof of provenance, the authenticity of the transaction, easy accessibility for stakeholders, and record keeping.