News

Blockchain Technology Changing Food Safety Traceability


Blockchain technology is still in its infancy and has yet to be widely adopted by business, but one area where it is being used is IBM Food Trust, a supply blockchain-based cloud network developed by IBM and used by retailers, suppliers and farmers to trace food from the farm to the grocery shelf.

The idea of IBM Food Trust is to create transparency and traceability across the food supply chain. It is the only network of its kind and is used by major retailers such as Walmart.

Walmart is using the technology to track products such as bags of leafy greens and heads of lettuce. The technology will allow the company to pinpoint a product’s source and exactly which batches may be contaminated. Walmart is requiring farms that supply them with greens to add detailed information about their product into the Food Trust network.

In a letter to its leafy green suppliers, Walmart noted that blockchain technology reduces the amount of time it takes to track a food item from a Walmart store back to a supplier in seconds as compared to days and sometimes weeks.

Parzygnat says blockchain is world-changing technology. “It saves a tremendous amount of time, it saves a tremendous amount of money and saves people,” he says.

Parzygnat and others believe the blockchain is a game changer just like the internet. They say it will do for data management what the internet did for information sharing and communication.

Today, people can’t fathom doing business without the internet. Who knows, soon they won’t fathom doing business without blockchain.

Source: John Hart, Southeast Farm Press

ProAg Quick Links

Agent Toolbox Grower Toolbox Careers

ProAg News

2018 Farm Bill Strengthens Crop Insurance

As policymakers, commodity leaders, and insurers gathered this week for the crop insurance industry’s annual convention, recent legislative changes to the federal crop insurance program was one of the top discussion topics....

Supplemental Coverage Option Crop Insurance Considerations for 2019

Many corn and soybean producers have an additional crop insurance decision to make by March 15, which is the deadline to purchase federal crop insurance coverage for 2019. The supplemental crop option (SCO) crop insurance alternative was included in the 2014 Farm Bill and will be continued in the new Farm Bill....

When Does It Pay to Use Seed Treatments?

Even if we had more definitive yes-no answers for some seed treatments, we’d still get into deep water fairly fast based on the sheer number of options available for beans these days....
Get ProAg updates via email
Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×