Edible Planet Ventures’ Post

🌍 Revolutionizing Food Systems with Blockchain 🌱 Blockchain technology is bringing transparency to our food systems while enhancing sustainability. From farm to fork, every step is verifiable, ensuring trust and quality. 🔗 Traceability: Blockchain records every transaction, providing a clear and reliable food journey. 🌱 Sustainability: Encourages responsible sourcing and production practices, promoting trust and loyalty. 🚀 Innovative Solutions and Organizations: Provenance: Empowers brands to ensure sustainable practices. ripe.io: Creates a digital bridge in the supply chain. AgriLedger: Helps farmers get fair prices and reduce waste. Connecting Food: Ensures integrity in food supply chains. Open Food Chain: Accelerates blockchain deployment for data integrity and sustainability. What other startups and/or stakeholders come to mind? Let us know! 🌟 #Traceability #Transparency #SupplyChain #Sustainability #Innovation #FoodInnovation #Digitalization #Data

TE-FOOD International, based in Hungary, is at the forefront of #foodtechnology, focusing on #sustainable #food #production. The company uses #blockchain, #AI, and #IoT to enhance #foodsafety, reduce waste, and improve #supplychain #efficiency. Their initiatives aim to tackle food fraud, ensure product quality, and support environmental sustainability, aligning with global efforts to achieve the #UnitedNations Sustainable Development Goals by promoting sustainable consumption, reducing waste, and enhancing food security. Read more ⬇️⬇️⬇️ then click 👍

Is Blockchain a truly disruptive technology for the agri-food industry? Check out our latest work on the impact of blockchain technology in agri-food supply chains! Claudio Soregaroli Stefanella Straneri Gregorio Linus Frizzi Using a robust theoretical framework based on transaction cost economics, the resource-based view, and dynamic capabilities, we found that the theorized and long-discussed benefits embedded in BCT technology are not simply related to technology adoption per se, but rather to how firms adopt it. Transactional efficiency within the supply chain is improved only for those companies that integrate the technology into their daily operations and actively involve supply chain partners in its implementation and maintenance. Without the establishment of a collaborative network, a BCT-based platform offers no additional benefits over legally required traceability. However, we find that even without full adoption across the supply chain, companies can use BCT to improve customer engagement and marketing, and take advantage of BCT's ability to improve customer interactions. We conclude that the positive impact and economic benefits of BCT in supply chains depend on why and how it is adopted. Managers need to identify the specific supply chain challenges they want to address - the "why" - and evaluate how the supply chain environment supports the full realization of BCT's potential - the "how". https://lnkd.in/d5ePpm3e

Feeding the Future: The Impact of Blockchain on the Food Industry As the demand for transparency and quality in the food industry continues to grow, blockchain technology is serving up solutions that promise a safer, more transparent, and more sustainable food supply chain. From farm to table, blockchain is revolutionizing the way we track, verify, and ensure the quality of our food. 🌱 Traceability from Farm to Table: Blockchain provides an immutable record of every transaction and movement of goods through the supply chain. Consumers can trace the journey of their food, from the farm where it was grown to the table where it's served, ensuring authenticity and quality. 📊 Reducing Food Fraud: By securing a transparent and tamper-proof ledger of food origins, processing, and handling, blockchain significantly reduces the risk of food fraud, ensuring that what's on the label is what's in the product. 🔄 Efficient Supply Chain Management: Blockchain streamlines supply chain processes, reducing waste and inefficiencies. It enables real-time tracking of goods, optimized logistics, and quick response to any issues, ensuring that food reaches consumers fresh and safe. 🔍 Enhanced Food Safety: In the event of a food safety incident, blockchain allows for rapid identification and isolation of the problem source. This not only protects consumers but also minimizes waste and economic loss by avoiding broad-scale food recalls. ♻️ Supporting Sustainable Practices: Consumers increasingly demand sustainable and ethically sourced food. Blockchain's traceability supports this by verifying and showcasing sustainable practices from eco-friendly farming to fair labor practices. As we continue to navigate the challenges and opportunities of the global food industry, blockchain stands out as a key ingredient for a future where food is not only delicious but also safe, ethical, and sustainable. It's not just about better technology; it's about better food for everyone. #BlockchainFood #TraceableFood #SustainableEating #FoodTech #SupplyChainInnovation

I've had people tell me that blockchain is useless. 🤔 This article covers just one area of benefit that the technology enables us to do - trace the source of our food and other agricultural products through the supply chain. My education in supply-chain was fascinating through co-creating NU courses with brilliant faculty and I was lucky enough to learn about blockchain through XYO lunch and learns. Both have influenced my obsession with the crossroads of environmentalism, consumerism, and tech. If hashtags were still supported: #consciousconsumerism #regenerativeagriculture #learningneverends

In the previous post, we introduced the benefits of implementing blockchain technology in the food industry, along with the main problems affecting it. From reducing the amount of lost products to preventing foodborne diseases, the benefits were so many that we cannot mention them all again. Now, since many people are skeptical about new technologies, let’s see five giants in the food industry using blockchain technology to enhance their processes and products. Nestlé Since 2017, Nestlé has utilized a blockchain to help users trace the origin of products like its Mousline purée and Zoégas coffee brands. In collaboration with the Rainforest Alliance, Nestlé can track farmers and harvest information for cocoa beans used in Zoégas coffee, all to provide transparency for consumers plus increase sustainability for farmers and natural resources. Walmart Walmart uses a blockchain platform, which lets officials trace the lifespan of their products to ensure food safety and reduce waste. The initial ledger experiments found promising benefits, most notably the ability to track the origin of U.S. perishables, such as mangoes, within 2.2 seconds. MPOC The Malaysian Palm Oil Council (MPOC) has implemented blockchain technology to enhance accountability and traceability. It has developed a blockchain mobile app and web interface to trace palm oil throughout its supply chain. Using a smartphone, each tree and related information, as well as other information about additional checkpoints, are uploaded into the system. This automatically creates an end-to-end digital database, enhancing transparency, accuracy, and credibility for stakeholders and end customers. Nestlé and Carrefour Nestlé and Carrefour collaborated to use a blockchain for their GUIGOZ Bio 2 and 3 infant milk range. The companies wanted to boost consumer confidence by providing transparency on their product – GUIGOZ Bio 2 and 3 packaging. This transparency in the supply chain further increased the benchmark for Nestlé and Laboratoires Guigoz to ensure a high standard of care for the quality of their products. Kraft Heinz Kraft Heinz is also utilizing blockchain technology with their children’s foods division. They are working to implement a traceability system through a blockchain platform. If, after reading these examples of blockchain adoption by such leaders in the food industry, you’re still skeptical, I’d suggest following us to read our next posts. We are sure you will change your mind about this technology.

🚜 Blockchain Technology: Empowering Consumers and Enhancing Transparency in Agriculture! 🌱 The demand for transparency and sustainability in the food industry is rapidly growing. Consumers today are more conscious about the origins of their food, the methods used in its production, and its environmental impact. Blockchain technology addresses these concerns by providing an immutable and transparent record of every transaction in the agricultural supply chain. This transparency not only builds trust between producers and consumers but also ensures accountability at every step of the process. Blockchain empowers consumers to make informed choices about the food they eat. By scanning a QR code on a product, consumers can access detailed information about its journey from farm to table. This includes data on the origin of the product, the farming practices employed, and the environmental impact of its production. Such transparency helps consumers align their purchasing decisions with their values, whether it's supporting sustainable farming practices or choosing locally sourced products. A study by IBM found that 71% of consumers are willing to pay a premium for brands that provide full transparency and traceability. There are already successful examples of blockchain-based platforms in the agricultural sector. For instance, Provenance and IBM Food Trust are leading the way in providing consumers with access to comprehensive information about product origin and production methods. These platforms use blockchain to create a verifiable digital record that consumers can trust. This level of transparency not only reassures consumers but also incentivizes producers to adhere to higher standards of sustainability and ethical practices. For the agricultural community, adopting blockchain technology means more than just meeting consumer demand; it presents a strategic opportunity to enhance brand reputation and build stronger consumer relationships. By leveraging blockchain, farmers and producers can differentiate their products in a competitive market, ultimately driving higher sales and profitability. Embracing this technology also fosters a culture of transparency and accountability that benefits the entire supply chain, from farm to fork. As the agricultural sector continues to evolve, blockchain will play a crucial role in ensuring a sustainable and transparent food system for future generations. #BlockchainInAg #ConsumerEmpowerment #TransparencyInAg #SustainableFarming #AgTech #FoodTraceability #SmartFarming #EthicalAgriculture #BlockchainBenefits #TechInAg #FutureOfFood

🚜 Blockchain Technology: Enhancing Transparency and Traceability in Agriculture! 🌱 Blockchain technology is revolutionizing consumer engagement and empowerment in the agricultural sector. One of its key roles is supporting initiatives like fair trade, organic certification, and ethical sourcing. By providing an immutable record of transactions, blockchain ensures that claims about product origins and production methods are verified and trustworthy. This not only helps in maintaining the integrity of certifications but also builds consumer trust in the products they purchase. For example, farmers can use blockchain to verify that their produce meets organic standards, which can then be traced and authenticated through the supply chain. Opportunities for enhancing consumer engagement through blockchain are vast. Product labeling integrated with QR codes, along with mobile apps, allow consumers to easily access detailed information about the products they buy. Scanning a QR code on a package can reveal the product's journey from farm to table, including details about farming practices, transportation, and storage conditions. This transparency not only informs consumers but also empowers them to make choices aligned with their values, such as supporting sustainable and ethically sourced products. However, there are challenges and considerations to ensure the accessibility and usability of blockchain-enabled tools in agriculture. For blockchain technology to be effective, it must be user-friendly and accessible to all stakeholders, including small-scale farmers and consumers who may not be tech-savvy. This means developing intuitive interfaces and providing adequate support and education to ensure that everyone can benefit from the technology. Additionally, there needs to be a focus on interoperability to ensure that different blockchain systems can communicate and share data seamlessly. The ultimate goal of integrating blockchain in agriculture is to build a transparent and trustworthy food system that benefits both producers and consumers. By addressing the challenges and maximizing the opportunities, blockchain can enhance consumer trust, drive engagement, and promote sustainable practices. For the agricultural community, this translates to a competitive advantage and potential for increased profitability. With strategic planning and consistent engagement, blockchain technology can indeed become a powerful tool for transforming agriculture and making it more transparent and accountable. #BlockchainInAg #ConsumerEmpowerment #FairTrade #OrganicCertification #EthicalSourcing #AgTech #FoodTransparency #SustainableFarming #SmartFarming #FutureOfFood #TechInAg

Blockchain Boosts Traceability and Transparency in Agrifood Sector Blockchain technology, often associated with cryptocurrencies, is making significant inroads into the agrifood sector. A recent study published in 'Economia Agro-Alimentare' demystifies the misconceptions surrounding blockchain and highlights its pot https://lnkd.in/d2QQGpR8

Increasing global trade complexity and consumer demand for transparency call for the business community to embrace innovation as a panacea to improve our risk profiles and stay ahead of the competition in the search for better shareholder value. Blockchain technology has emerged as a game-changing solution for ensuring provenance in supply chains. In her recent article, Ms. Sui Jin Kon, Executive Director, TRST01™ explores how #blockchain is transforming the agricultural and mineral sectors, creating safer, cleaner, and more sustainable supply chains while enhancing regulatory compliance and reducing business costs. #TRST01Chain is at the forefront of this transformation, helping redefine sustainable supply chains in #nine countries. By providing full supply chain traceability and ensuring compliance with international regulations, #TRST01Chain fosters responsible, efficient, and resilient supply chains, benefiting shareholders, communities, and the planet. #Blockchain #SupplyChain #Sustainability #Innovation #Transparency #ESG #TRST01Chain https://lnkd.in/ggvE9UTp