The United States Department of agriculture looks to blockchain for its organic food supply chain – Crypto Daily

Posted: August 19, 2020 at 1:55 am


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The Department of agriculture in the United States has just recently proposed amending its rules on organic products to include the integration of blockchain technology. Through this implementation, debility to trace its supply chain would be featured.

A report was released earlier this month on the 5th of August from the department with the agency saying that it expects electronic tracking systems to play a central role in the traceability of its supply chain of organic products.

The report states:

DLT can provide secure, verifiable, transparent, and near-instantaneous tracking at the item level in complex supply chains, the report stated. Critically, DLT can also protect confidential business information and trade secret information by automatically restricting sensitive information to authorized entities.

Despite this, it was acknowledged by the agency that by utilising such technology like distributed ledger tech, additional time and development would be needed before any system could be integrated into the industry of organic food and produce.

The report further says:

Barriers to widespread adoption of an electronic tracking system include inadequate access to technology and connectivity in rural areas, acceptance of universal electronic standards (interoperability), and distribution of costs, the proposed amendment stated.

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

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The United States Department of agriculture looks to blockchain for its organic food supply chain - Crypto Daily

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August 19th, 2020 at 1:55 am

Posted in Organic Food