Blockchain technology can be the next big thing in food

When we plan our editorial calendars, we try to schedule time for major events in our industry so that our coverage is timely.

So, after planning the May 2018 issue and seeing that FSMA’s Sanitary Transportation of Food (STF) rule would take effect a month ago for small and md-sized businesses, I thought STF would probably be something among individuals. Want to know more about the industry.
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What I didn’t plan a year ago is how much experts in the field want to talk about blockchain technology. Looks like I’ve received an e-mail with the word blockchain at least once a week in the last few months. While the Internet of Things is not as ubiquitous as the phrase, it is certainly a new buzzword.
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I still don’t have a subtle way of describing blockchain technology, as I did for IoT আমি I would describe it as your toaster that has a Facebook page and a status update posted on your fridge. All I can do now is quote other definitions that describe it as a digital, distributed ledger.
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When I started interviewing people for STF articles and the blockchain kept coming, I was really familiar with it in terms of bitcoin, which uses technology to fuel the cryptocurrency payment system. To get a better handle on all of this, I approached a person I know who owns Bitcoin আমাদের the IT support admin in our office. We had an hour-long conversation about the trend, and when I talked about the blockchain in terms of food security, he got a spark in his eye and said, “Yeah, I can see how that works.”
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I met with the same enthusiasm when interviewing several experts on the application of blockchain technology to ensure food security throughout the supply chain. Experts envision it as a truly end-to-end communication and verification of the ability to unlock food safety equipment, used across supply chains from farmer to retailer, making all information visible by all parties.
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Blockchain is a transformative technology to look forward to in the next few years. Some of the others are artificial intelligence and mixed (virtual and augmented) reality, which are especially useful for plant activities.

If you’re thinking, “Yeah, these ideas aren’t new,” I hear you say, but what the game can change is the sophistication of the technologies and how they will be applied and used in modern manufacturing facilities.

Also, another important thing to consider is that this 5G is coming soon, and it could open up a lot of opportunities for people, tools and equipment to connect.