Why Track and Trace on Farm to Plate?
Making Track and Trace Easy on Blockchain
Real Time Supply Chain Events
Reducing Food Recall and Wastage Problems with Technology and Cooperation
Eleminating Food Recall
Reducing food wastage
From inaccurate forecasting, improper storage, to not being able to identify a specific bundle of produce that was contaminated, the reasons for the massive amount of food wastage are many.
Blockchain technology has the ability to eliminate these loopholes in the food supply chain systems.
By providing suppliers, manufacturers, retailers, and other participants in the network a digital ID, the entries can be traced back to the owner with a much tighter accountability. This helps in communicating with each participant on possible events that affect the supply chain for example that can determine the supply vs the demand. Similarly, with the use of IoT devices, storage information is more easily accessible to identify the storage conditions and fix the gap that may affect the product quality – thus prevent spoilage.