The use of blockchain technology in supply chain management may help with the transparency of consumer food sources and potentially create a more ethical and human fishing industry.
The Ethereal Summit was a 2-day event that connected a community of blockchain enthusiasts where companies presented ways that blockchain technology can create a decentralized future.
Viant demonstrated a standout use of blockchain technology to track your food all the way from its origin to your plate.
Immediately after the fish is caught, the fisherman attaches a radio-frequency identification tag to the fish.
This assigns the fish a trackable, unique ID number to monitor the fish's journey via geolocation.
In turn, Viant can demonstrate that the fish was caught in sustainable waters, and the many different stages the fish experienced before reaching the plate at the Ethereal Summit.
The supply chain of a fish is not managed solely by one company and must pass through several different groups.
The rigorous process that Viant employed to trace the fish, ensures that each party records their own information and that no one party is responsible to correctly log all location information.
The need for sustainable fishing and humane labor practices is vital as the fishing industry supports millions of people globally, especially in developing nations.
Implementing blockchain technology in this sector is a significant step in creating transparent supply chains and possibly reducing the human and environmental cost of our fish.
From Bait to Plate on Ethereum's Blockchain
Publié le May 24, 2018
by Cryptoslate | Publié le Coinage
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