Blockchain technology is increasingly finding its way into the food industry, as it has already scored points in many other areas, such as finance or medicine. The system is intended to serve as a digital verification network in the food industry and to simplify seamless traceability. The individual blocks contain step-by-step data records on the type, treatment and conditions of the food, right up to the transport, storage and further processing of the product. In the event of a recall, problem sources can be better identified and thus dealt with more quickly.
Blockchain technology also has advantages for end consumers. In the future, the data records of the product can be scanned using a QR code in order to gain insight into the origin and quality of the food. However, it remains to be seen when blockchain technology will also be fully operational and usable in this industry.
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