The adoption of blockchain technology is the trend in the world right now, major industries in the world are adopting the technology in virtually all aspects of the daily lives. From banking to health, business, tech and now the largest food manufacturer don’t want to be left out.
Nestle, the worlds leading food company, is tracking food products using the blockchain technology, in a productive partnership with nine other major food companies. Under the implementation, baby food ingredients, such as Gerber will be monitored.
The result of it will be the reduction of food recalls and the increment in customer trust. The technology will afford the customer the opportunity to trace the origin of the ingredients and see where they come from on a public ledger.
The company, through its headquarters in Switzerland, said it would be collaborating with nine major food companies. Partner companies include the International business machine corp, Unilever Plc, Walmart and others to develop a system called food trust which affords blockchain technology the opportunity to create a single record, which will be shared among the companies in other to speed up investigations of bad food or products that are recalled.
The idea is a laudable effort but its still in the embryo phase as the whole supply chain infrastructure needs redevelopment. This includes shipping, processing, tracking and many development stages currently used.
One of the areas that need rapid attention is the supply chain industry, due to the sensitivity of the chain process. A few months back, a food scare saw twelve million boxes of baby milk being recalled in a Salmonella scandal by French Dairy, Lactalis.
Transparency will be achieved in the supply chain if blockchain is applied in the sector, and the ingredients, shipping, tracking and other areas would be more fluid and subsequently prevent and resolve such happening.
In April, Forbes highlighted the areas where blockchain can help improve the food industry. The respectable platform reiterated that at least, 1 in 10 people around the world become ill, due to foodborne disease and about 420,000 die due to the sickness.
This is because it takes quite a while to isolate the contaminated food from the good ones. Blockchain will solve this problem, and reduce the food-induced death rate. The technology can also help in product labelling and farm distribution information.