Although the technology shows a lot of promise, there’s one problem with creating a food-tracking blockchain: it requires an upfront investment, making it expensive for companies to embrace. Many end up building their own applications from scratch, and struggle to understand exactly how it works.
-
-
Singapore is betting blockchain can cure its food safety crisis
The city-state imports more than 90% of its food, but more than one out of every eight shipments fails quality tests. Now, veriTAG is helping the government put things right
A cloud-based food traceability system built on the blockchain has secured a partnership with the Singapore Food Agency—and has bold plans to build a system that addresses “the ongoing food safety crisis plaguing Southeast Asia.”
-
Implementing blockchain may be a more appetizing proposition than food manufacturers expect (Photo: HerdX)Tracing food on blockchain gains momentum, with shoppers willing to pay big bucks
As new innovations continue to emerge in the industry, an IBM report says some shoppers would be willing to pay a premium of 35% for fully traceable produce
In a one night only event, the company invited Washington, D.C. locals—along with food industry executives and legislators—to order curbside meals featuring produce that was traced by HerdX’s blockchain system. Diners were then able to see where their beef had come from—in this case, the Dean and Peeler Meatworks farm in South Texas.
-
It's carefully sourced, steroid-free, unexpired premium pork. No really, it is. Just scan that QR code. (Photo: VeChain)As Chinese consumers shun pork, premium brands turn to blockchain
In tech-savvy Shenzhen, few consumers buy pork products with generic labels. Now, QR codes and blockchain are being used to win them round
In the well-heeled Chinese city of Shenzhen, shoppers are painfully aware of the food safety scandals that have emerged in recent years. Gangs have been caught red-handed selling tons of frozen meat that was more than 40 years old, and hundreds of people have previously been sickened after eating pork laced with steroids to help pigs grow faster.
