Blockchain has changed many industries, but it has had an especially strong impact upon the food industry. The technology makes it easier to know the exact source of one’s food and to track it along the supply chain – all the way to the customer. A few of the most popular companies that have adopted such technology include Carrefour and IBM Food Trust.

Greater Levels of Transparency and Tracking

For the consumer, it has become vastly important to understand where their product comes from. Auchan, a company based in France, has announced that it will implement blockchain technology to track the food supply in five countries, including Senegal, Spain, Portugal, and Italy. After making its announcement, the company implemented a 18-month trial in Vietnam, which has seen success.

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Source: BitcoinExchangeGuide

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