How blockchain could revolutionize food supply chains—and lower your grocery bill - Macleans.ca

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The technology could hold the key to logistical problems that drive up prices. But will it also entrench the food industry's biggest players? blockchain

“Not every blockchain application is trying to eliminate the intermediary,” says Harish Krishnan, a professor at UBC who specializes in the uses of blockchain in supply chains. “Some applications of blockchain are trying to make the intermediary more efficient.”The process of getting food from farm to table is complex, especially so for food that travels long distances and is available year-round .

Replacing current processes with a single digital ecosystem run on a blockchain “would not be revolutionary but evolutionary,” says Erik Valiquette, the president of the Canadian Blockchain Supply Chain Association.

While blockchain does not protect against what the old adage describes as “garbage in, garbage out”—that is, the input of inaccurate information that is propagated throughout a system—it could play a role in holding accountable those who enter the bad information. If everyone in the supply chain could trace back the absolute origin of goods in real time, the information on food products would be much more difficult to alter, overwrite or tamper with.

 

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Literally unfollowed/unsubscribed. Anyone normalizing this shit, even in conversation, deserves an express ticket to hell.

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