
Food Safety – The need of the hour
The WHO estimates that almost 1 in 10 people globally suffer from a food-borne disease. Read on to know the complexity involved and the emerging process to make food safe again.
The WHO estimates that almost 1 in 10 people globally suffer from a food-borne disease. Read on to know the complexity involved and the emerging process to make food safe again.
AFOLU is responsible for approximately 23 % of global greenhouse gas emissions and these emissions include emissions from agriculture, forestry and other land use. AFOLU is an important sector when it comes to climate action. Sustainable land management practices like agroforestry, regenerative agriculture and reforestation have the potential to sequester significant amounts of carbon from the atmosphere.
Grasslands and savannahs are a home for a quarter of the world’s population and habitat for thousands of plants and animals. However, these grasslands are being threatened by land use change and loss of biodiversity The protection and management of grasslands combined with restoration can help to conserve nature and sustain a thriving food system and support livelihoods of local and indigenous communities.
Agroforestry is a land management system that has trees and shrubs thriving alongside crops and livestock within a system. It restores the ecological balance in farmlands, prevents soil erosion, water run-off and helps farmers to realize alternate income options and mitigates climate changes. Carbon offsetting with agroforestry has the potential to provide a financial incentive to sequester carbon using this land management strategy and creating a financial diversification and security to the farmer.
We are at the crossroads of a global challenge surrounding climate change, biodiversity loss and equitable development. Once wild and untouched, nature today bears the human footprints and nature alone can reverse the catastrophic losses. Let us get into the details of what climate crisis is and how nature based solutions can tackle climate change.
Say Hello to Millet, the wonder grain which is all set to make a comeback to our breadbasket. With 2023, being celebrated as the UN International Year of Millets and being referred to as ‘Shree Anna”, can we ask more? We need to tap into this nutrient packed and environmentally resilient grain for a sustainable future.
The sudden onslaught of carbon credits options in the marketplace has overwhelmed buyers with questions and concerns regarding the quality and credibility of theses carbon credits. There are several questions that need to be answered. A high-quality carbon credit accurately represents GHG emission reductions or removals achieved through carbon offsetting project activities. Carbon credits need to satisfy certain conditions to reach this quality status and maintain the integrity of Carbon markets.
Soil Carbon is the carbon stored in soils that exists in organic and inorganic forms. Sequestering carbon in soil is a natural way of removing carbon dioxide from the atmosphere with a lesser impact on land and water with a lesser need for energy at reduced costs. Let us dive deeper into what soil carbon is and what are its benefits.
Tropical forest commodity supply chains are the reason for the alarmingly high rate of global deforestation. Palm oil, Soy, Cocoa, Rubber, Beef, timber and coffee are the major agriculture commodities that drive deforestation and ecosystem conversion. Companies need to be transparent about how they are using cattle, soy, palm oil and timber to enable the tracking of deforestation embedded in the supply chain with traceability solutions.
The year 2022 was a challenging year for the global food system. Many weaknesses were unearthed in the wake of weather extremities, supply chain disruptions, geo-political tensions and food wastage. We need healthy ecosystems, rich soils and clean water for the future generations and the role of technology and innovation is imminent for future proofing our food systems. With Climate Smart agriculture and Nature Tech solutions food systems can provide 37% of climate mitigation required to reach the 2030 goals.
The emissions from the food sector today accounts for 29% of global emissions and if we continue to produce and consume the food the way we do, the emissions from agriculture and land use will consume 70 % of the emissions budget available in 2050 to limit the global warming to 1.5˚C. Food system transformation will require an increase in productivity while transitioning to regenerative productive practices, reducing food waste and shifting towards healthy diets.
Carbon Credit is essentially a permit received from government or an authority body to emit a certain amount of CO2 for a specific price. Carbon credits are measurable, verifiable emission reductions from certified climate action projects which reduce, remove or avoid greenhouse gas emissions. Carbon credits can be purchased with the intention of contributing to offset projects. Investing in carbon credits is a necessary step in a company’s goals and commitments and is also vital for saving the planet.
Verification and accuracy are very critical in validating Carbon offsets to generate carbon credits in carbon markets. MRV is a process of measuring the emission reductions of a specific mitigation activity and report the findings to an accredited third party and finally verify the reductions so that they can be certified, and credits can be issued. This reduces transaction costs and time to market hastening the issue of carbon credits.
Do you know that rice cultivation is water-intensive and is dependent on heavy rainfall and a significant source for methane emissions accounting for 9-11 % of GHG emissions in agriculture? Alternate Wetting and Drying Irrigation practice in Rice (AWD) is a water management practice that reduces water use and limits the GHG emissions in irrigated rice fields. Rice farmers not only derive the benefits of water savings but can also enter the Carbon offsets market.
The world faces a formidable challenge to limit temperatures below 1.5˚C. Many countries are looking into carbon markets as a transformation required to address climate crisis. Voluntary Carbon markets offer a way to offset the business carbon footprint to fight global warming. Blockchain technology can be a differentiator in the much-needed credible carbon credit market
Around 509.87 million metric tonnes of rice were consumed worldwide in the harvest year 2021–2022. Now consider the volume of emissions created to produce such a large amount. Yes, dangerous GHG emissions including nitrous oxide and methane are produced during the manufacturing of rice. Learn about the production of these emissions and how they might be curbed.
As this climate crisis worsens, companies are pressurized by investors, regulators and customers to improve their sustainability and report their GHG emissions. Businesses need the best accountability and sustainability platform to manage the carbon accounting, reduction in emissions, managing and reporting in their sustainability strategy. Look into the 8 must haves of the right Carbon Accounting software for your organization.
A necessity or a burden? The dairy industry has produced a variety of milk and its by-products over centuries and today it is on the cusp of a negative climate impact. The global dairy community is accelerating climate action and working to reduce its impact on the planet. Let’s look at what the future hold for the industry and how optimizing productivity and reducing emissions can sustain billions of livelihoods in the future.
COP27 is being widely considered as being the first ‘COP of implementation’. On a positive note, COP27 meeting comes amid the momentum of businesses diving into climate action with their pledges towards net-zero and unlocking the public-private cooperation required to reduce carbon emissions and tackling the challenges.
COP27 offers a unique opportunity to world leaders to build pathways for a resilient and a sustainable agenda, keeping climate change at the forefront. We need to meet the demand of the growing population by protecting both the people and planet. Actions towards GHG mitigation from land, food and agriculture helps to preserve biodiversity and the natural resources.
There is a climate emergency now and incremental steps to address GHG emissions are not enough. Companies need to adopt every strategy to achieve emission reduction goals and Carbon Offsets is one such tool, if used responsibly can accelerate your journey to net zero. While carbon offsets refer to the projects and activities that reduce CO2 in the atmosphere, carbon credits represent a specific unit, one metric tonne of carbon dioxide removed from the atmosphere
Food systems need to be an integral part of climate action if we want to limit the global warming and save our planet for the future generation. COP27 will mark a new journey in addressing the climate crisis with a focus on sustainable food systems that will provide an opportunity to not only collectively reduce the greenhouse gas emissions but also have a positive impact on the environment.
80% of GHG emissions are from Scope 3 and that is a staggering figure that undermines the net zero ambition of an organization that does
You cannot manage what you cannot measure. Carbon Accounting, also known as ‘Greenhouse Gas Accounting’, refers to the methods used to measure and analyse a business’s carbon emissions. It helps organizations to understand their carbon emissions so that they can identify hotspots and begin the reduction efforts for strong climate actions. It provides the foundation for climate pledges like carbon neutrality and net zero.
As the #WorldFoodDay is approaching, join us in a session with Ritesh Gupta, Sustainability Head, R&D Nestle India and Manu Bhardwaj from TraceX Technologies to talk about all things sustainability and understand how enterprises today are addressing carbon targets.
Food and agriculture are not only the biggest contributors to climate change and biodiversity losses but also are under pressure to increase production. Climate change is real and a threat to society. Companies need to alter their business models to be relevant in a low carbon future and seize the opportunities that come in way. Supply chain decarbonization will be a game changer for corporate climate action.
Companies must demonstrate transparency and accountability when it comes to measuring, tracking and reducing the GHG emissions. There can be no reduction in emissions without measurement standards. The Greenhouse Gas protocol (GHGP) is a comprehensive global, standardized framework for measuring and managing emissions that provides accounting and reporting
FAO estimates that agriculture production will have to increase 60 % to satisfy the demands for food while halving the carbon footprint. Adapting to climate change and reducing emissions is necessary to achieve food security without depleting the natural resources. Climate Smart Agriculture (CSA) is an integrated approach to address the interlinked challenges of food security and climate change.
Agriculture sector has a dual role in the decarbonizing economy with agriculture being both a source and a sink for GHGs. Carbon Neutral agriculture refers to the net-zero balance of emissions and sinks of all the greenhouse gases on the farms in terms of their CO2 equivalents that result in climate neutral systems. Carbon farming is a whole farm approach to optimize carbon capture.
Approximately 30% of waste is generated in crop production. Around 62% of total waste is produced in production and processing only. Where does all this waste go? Is there a method to produce less waste that doesn’t harm the environment? A circular economy might be the next best thing. Learn what it’s about and how it can drive a sustainable future.
Wine drinkers are all over the world, the mass market has caught the attention of regulators and consumers in providing the best quality wine. While there are various origins that a wine can have, an organization needs to provide the provenance of its origin and the processes it went through. Let’s look at how grape turns into wine and how wine traceability provides safety and quality to the end product.
There is an increasing momentum among organizations to reach the commitments of net-zero and carbon neutrality. However, there are no standard guidelines to achieve the same. You need to avoid green pledges and should be able to measure and verify the emissions and show the world how it is going against your targets. Get your definitions right and start your decarbonization journey!
Will the world have enough resources to satisfy food needs after a few decades? Is there any way that you can increase yields with the available land? Technology might be the answer! From producing crops systematically and efficiently to aiding in management and operational decisions, it can do its all. Let’s learn about such advancements in agricultural technology and know what the future awaits.
Agriculture forms the basis of rural economy throughout the world. Small scale farmers, not only the unsung heroes but also the heroines of the world who form half the world’s farmers, provide one third of the global food. There is a necessity to understand the challenges and needs of these smallholder farmers, finance them and provide fair economic opportunities to invest in sustainable food production practices.
Farm management is the process of analyzing, making, implementing decisions relating to farm operation and organizing to achieve maximum production and profits. The scope of farm management encompasses what crops, livestock or their combination that can be grown, what number of resources to use and how the various farm activities are going to be performed.
Nature is declining at an unprecedented rate and the human footprint on this planet has had an important impact on nature. Unsustainable production and consumption practices put the entire food ecosystem at risk. Transforming food systems is a key to reduce biodiversity loss and achieving the sustainable development goals. This requires a shift to farming with nature positive production rather than maximizing production at the cost of nature.
The increasing legalization across various regions has seen a spurt in the growth of this cannabis industry. Traceability in the cannabis supply chain will be different because of its mandated requirement of provenance and seed to sale transparency. Blockchain technology will be a gamechanger for the Cannabis Supply Chain.
Wondering what you must do to decrease your cost and increase yields? Will the agricultural industry survive to suffice your food needs? Look into farm management and its six best practices, which can help better your volumes, enhance quality and reduce costs. Understand which methods work best for you along with keeping updated with the latest farming tools and machinery.
In today’s world, Meat Traceability solutions are no more a choice but a necessity, proving their abilities in satisfying organizations, consumers and regulatory bodies. Traceability enabled meat is now the new market, customers are now demanding and accepting traceable meat, even though it’s for a premium price.
The food supply chain is fragmented with the participants operating in silos with mistrust. Blockchain is a promising solution to standardize the food ecosystem with enhanced trust and cohesive alignments. Blockchain enabled platforms can help manage stakeholders that work in different capacities to make climate related sustainable development possible with a transparent and traceable network.
The farming industry has gone through a drastic change over these decades, from expanding global trades to the adoption of eco-awareness, it has seen it all. This requires a farming system that sticks to its roots of primary objectives while maintaining demands of production and economic and sustainable need. All this depends on the decisions of farm managers who allocate resources and manage the farm ecosystem based on data, requirements, availability, forecasts and many more.
Developing a global food system that embraces social, economic and environmental objectives is crucial for this planet that is confronted with unsustainable consumption patterns. Blockchain technology ensures fairer supply chains, enhances food traceability and drives environmental sustainability. It could be a key to unlock the SDGs.
The volume of rice produced around the world has created a need for a robust system that can track paddy through its journey in the supply chain to ensure safety and security and promote sustainable and climate resilient food production through blockchain traceability solutions.
What if you have a system that takes care of all your farming activities? What if that system does it with less cost and more profits? Farm management provides the perfect system where in all activities of farming are well organized along with its optimum utilization of resources for bigger profits and less cost. It collects information on farming activities to analyze and make better judgments
A small member-run organization trying to uphold the agricultural industry in India, working hard and tirelessly in person with small farmers to build, develop and help increase profits; Farmer Producer Organization (FPO)s are acting as a link between the government and farmers to work on a single goal to put Indian Agricultural on top of the Global market.
Farmers need to have access to high quality seeds to enhance crop production and parameters like seed purity, germination percentage and moisture content are critical. The inadequate information in seed production and processing, the malicious mixing of quality seeds with spurious ones and the manual-based record keeping has triggered the need for digital traceability solutions in the seed sector
Traceability and Transparency are very important in the cotton supply chain to achieve sustainability in the textile and fashion industry. To ensure a sustainable supply chain, the brands ought to know where their product came from, under what conditions they were manufactured, who created them, and the impact on the environment.
Agricultural progress of a country entirely depends on good management of farms. The process of agricultural production is always in a constant flux which could include economical, climatic, technical and policy changes. Agriculture technology is penetrating the market at an accelerated pace in farming and agriculture practices. Modern technologies are the right solutions to revolutionize the way farmers farm
A product can be affected by a variety of reasons and circumstances at any point in the supply chain. Contamination, adulteration, mislabeling, flaws, allergenic, physical, or chemical damage pose a concern to the consumer or the organization, prompting a food recall. Read on to check how a product recall checklist is created.
Fresh Fruit supply chains are undergoing a massive transformation globally. The major drivers are stringent regulatory requirements and competitive strategy, triggered by the demands of food safety and transparency by the end consumer. Check how blockchain traceability solutions bring trust, transparency and visibility in the fruit supply chains
India is the second-largest producer of fruits and vegetables in the world but yet contributes to about 1.5% of its market. Are our Farm and supply chain management solutions efficient? Technological innovations like Farm management software and Blockchain Technology can help close this gap. FMS helps both pre and post-harvest processes in smooth functioning and providing profitable and sustainable results.
Indian fruits and vegetable market has a fragile supply chain; about 30% of the produce is lost annually because of changes in prices, market demand, increase in the cost of inputs, lack of storage facility, and unstable logistics. Farm management software enhances operational efficiency and reduces production costs. It serves as a Digital diary for the farmer to plan and carry out farm activities efficiently.
Crop production and farming activities need to increase to meet the demands of the growing population. Agriculture companies need to increase their presence in meeting these demands through digitization of the food supply chains. Farm digitization, supply chain transparency with traceability, and real-time data capture at all stages in the food supply chain influence agriculture and food production and eliminate disruptions.
Farm Management has been gaining momentum in agriculture as it provides a holistic view of the farm practices and enables both farm and crop management and take the right decisions in agriculture supply chain management. TraceX’s Farm Management software enables supply chain participants to track the pre-harvest cycle with intelligent and digitized farm and crop management solutions and also helps in streamlining post-harvest processes, providing end to end traceability of the entire food supply chain
Nutraceuticals are products derived from food sources that provide both nutritional and medicinal benefits. They could be referred to as nutritional or herbal supplements. Ashwagandha and Curcumin are the leading contributors to the manufacture of nutraceuticals. Complete transparency in the nutraceutical supply chain as consumers have the right to know the farm-to-bottle story of the product so that they can make informed choices of buying the product.
A Product or Food recall is when a food producer takes off a product from the market due to food safety reasons. Food recalls happen due to bacterial contamination, the presence of foreign objects, and allergens in the product. These recalls need to be addressed quickly and efficiently to avoid health hazards for consumers and thereby save costs and image for the brand.
Carbon farming is a form of agricultural practice or land use to increase the amount of carbon stored in the soil. Carbon farming also known as Carbon sequestration stores the greenhouse gases and reduces the gases that are released into the atmosphere. Carbon farming is turning out to be a good business for agriculture companies that are offering climate mitigation services and products.
Regenerative Agriculture is a set of farming practices that improves the resources it uses rather than destroying them. It rehabilitates the entire ecosystem with sustainable practices like improved soil health, water management, and usage of fertilizers. Regenerative agriculture practices help to fight climate change by carbon sequestration.
Non pesticidal Management is an agroecological approach to pest management without the use of chemical pesticides. It is financially lucrative for the farmers and also a means of practical and sustainable means of agriculture practice.
The food sector in India is going through a massive transformation. With the increasing demand for quality and safety standards, increasing efficiency, and integrating small farmers into the value chain, an integrated perspective of the supply chain is required. The main objective of supply chain management is to reduce cost, improve organizational performance and provide satisfaction to the consumer.
Seed quality is the backbone of the food supply chain. The illegal seed market poses a threat to the entire world. Food security, sustainable agriculture, and farmers’ incomes are set down without the proper regulation and management of the seed value chain. Traceability solutions help in addressing these challenges.
Bananas are one of the most favorite, popular and cheapest fruits in the world. The banana supply chain is fragmented and needs to conform to quality standards for the export market. The demand for consumer food safety, provenance, validation of certifications and transparency in the supply chain has triggered the need for traceability solutions in the banana supply chain
The ever-growing food industry has an intricate web of operational connections between players in the supply chain. The supply chain and its management become one of the most important aspects of the functioning of the colossal food industry. Blockchain traceability solutions provide real-time transparency in the entire supply chain. TraceX has helped many organizations in achieving this end-to-end traceability across different value chains
With globalization, the food Supply chain has become more complex. Bigger volumes, more stakeholders, larger distribution channels, and legal and safety issues amount to a multifactorial management issue. With the implication of Blockchain in supply chain management, data can be accessed through its decentralized ledger system providing transparency throughout the supply chain.
The food safety challenges, hygienic practices and the aflatoxin and pesticide issues are impeding exporters to satisfy the requirements of destination markets for spices. Traceability in the spice value chain is the solution to boost consumer satisfaction and enhance the sustainable growth of the spice sector. Digital platforms capturing the barn to bottle story of these spices will bring visibility and transparency to these value chains.
The food supply chain is truly a complex global network, with challenging issues like globalization, food insecurity consumer preferences, and regulatory demands. Food traceability plays a vital role in protecting public health, building sustainable businesses, and a climate-resilient future.
Sustainable food systems depend on farming, waste management, and supply systems. A sustainable food system delivers economically viable and socially beneficial food security to all. Blockchain technology provides a verifiable record as to who buys what from whom and this transparency helps consumers to adopt sustainable lifestyles.
Food Waste is a major contributor to greenhouse gas emissions that impact climatic changes. Blockchain technology will usher in a new era of food traceability, which could go beyond addressing food safety issues by driving sustainability with reduced food wastage and lowering the inefficiencies and costs of food supply chains.
In order to have a global presence, India’s food supply chain needs to be agile, adaptive, and efficient. Digitization of the food supply chain is inevitable to optimize supply chains. Streamlining of processes, improvements in cold chain infrastructure, and complying with regulatory standards should be able to redefine supply chain management.
According to the Grocery Manufacturer’s Association, an average recall costs $10 million and takes 14 days to identify and 34 days to enact, and by this time only 40% of the products can be collected. It is the brand’s responsibility to remove the product from circulation and prevent foodborne illness. Blockchain technology aids in better recall management.
Coffee is among the top traded commodities after oil. This is going to cause pressure on tropical forests and habitats. Therefore, in order to make it sustainable, the amount of greenhouse gas emissions needs to be measured at each stage. The biggest contribution of blockchain is the ability to measure carbon footprints along with IoT sensors and generate data that can be analyzed and aggregated.
Bengaluru-based startup TraceX Technologies has raised $1 million in pre-series A funding led by NABARD backed NABVENTURES Fund. The round also saw participation from Paipal Ventures, an early-stage family office investment fund, and from angel investor Sunil Kumar.
Food Supply Chain Management aims to ensure food quality, safety, and authenticity of food for both consumers and organizations. Certifications against food sustainability standards for production and verification of the product sourcing claims bring credibility to food products and ensure compliance in the global food market.
Maize assumes great importance in the agribusiness value chain globally. There is an ever-growing demand from various segments catering to food and non-food usage of maize. Capture the farm to mill story of maize with Blockchain traceability
The ability to follow the movement of food products and their ingredients throughout the supply chain both upward and downward is known as traceability. The need for Food traceability arises from two different ends of the spectrum, the producer and the consumer. Let us understand the 5-step approach to food traceability
In the seafood industry, traceability is important for food safety, to authenticate sourcing claims, and to verify sustainability. Tracing the fish from the bait to the plate, capturing information, and tracking movement at each stage in the supply chain is vital in the global seafood industry.
Digitization of the supply chain is one way to reduce carbon emissions. Tracking carbon emissions with end-to-end traceability solutions should be a competitive edge to organizations to drive the UN’s Sustainable Development Goals. Carbon Traceability should be the way forward to reach the net zero goals.
Traceability is an important tool that tracks the product from the source to consumption and brings transparency to food supply chains. Food Traceability systems protect consumer health, build trustworthy brands, satisfy regulatory compliance and make the supply chain efficient and resilient.
There are some hot issues grappling the dairy industry. Setting up a safe, hygienic, transparent and economic dairy supply chain is a major challenge in the food and agriculture industry. Dairy traceability with blockchain technology should ensure transparency in the supply chain and assure a zero adulterated safe product.
The journey of food from farm to the consumer’s table is a complex one. The supply chain is a vital network with inter connected systems connecting the source of food to the final consumption. Food Traceability has emerged as a top priority in building resilience in food supply chains.
Provenance for the food you grow, distribute and sell will be a critical factor for companies in the global food scenario. An end-to-end digitized supply chain with traceability solutions should drive companies to achieve the sustainable goals and build consumer trust.
The fruit and vegetable supply chain is complex with an increasing demand for food safety and sustainable practices. They account for more than 10% sales in a super market of a country with their short product life being a major challenge. Supply chain digitization with Traceability is the right solution.
With the world’s latest focus on environmental performance, supply chains worldwide are being watched, and demands for accountability are coming from both stakeholders and consumers.
Blockchain-based supply chain traceability makes it possible to track the lifecycle of any product and allows companies to comply with new guidelines while backing up their claims and improving their efficiency.
Smart Contracts, Data Analytics, Smart Packaging and Blockchain based traceability solutions build robust, secure and resilient supply chains.
Blockchain is an emerging technology in today’s supply chains. Its Transparency, Accountability, Security and Interoperability features have improved the productivity and end to end visibility of food supply chains.
The bean to bar chocolate story is a bumpy one and has many hidden facts. Discover how traceability helps the cocoa supply chain to conquer its bitter sweet challenges.
Blockchain technology helps businesses to bring credibility to their carbon offsetting strategies to backup their net zero commitments with public transparency.
The challenges due to the perishable nature of products in livestock sector in terms of foodborne diseases and contagions and demand for stringent safety standards are leading to the advent of blockchain based traceability solutions to usher in a new era of
food safety.
The COVID-19 pandemic has shed light on a number of fissures prevalent in our current food ecosystem. Digitizing the supply chains with blockchain traceability solutions will build resilience in the food and agriculture sector with adequate food safety.
Consumers are making dietary shifts towards sustainable and reliable products due to disease outbreaks and food contamination. Blockchain based traceability solutions deliver a digital footprint of the product and assure compliance to quality standards.
The increasing demand for consumer awareness on food safety, low environmental impact, and better animal welfare has spurned the advent of poultry traceability. Blockchain solutions drive supply chain transparency by tracing the journey of the entire product from the farm to the plate.
Disruption in fish production, new regulations, and increasing consumer demand for safe products has made the seafood supply chain traceability the new norm with blockchain solutions.
The problems faced by Seafood industry, one of the world’s first and largest commercial enterprises in the food industry are overfishing, illegal, unreported, unregulated (IUU) fishing, and bycatch. Emerging solutions in blockchain-based food traceability address these practices.
The blockchain use case for the food and agriculture sector has proven to be the best known way of assuring transparency. It has become an essential tool to protect the investment in seed research and development. Ensuring the creation of quality seeds is a fundamental part of any food system . Blockchain technology helps brands to gain a competitive advantage by enabling transparency from nucleus seed to certified seed in the crop journey.
India’s extensive agricultural network makes it one of the largest seed markets in the world, with an estimated value of $ 3.6 billion in 2017 and a 17% annual growth rate during 2010-2017, according to Research and Markets. The main challenges in the Indian seed market are the unorganized seed supply chains that compromise the seed health during its transportation and the market for fake seeds. By leveraging blockchain for agriculture management, traceability solutions focus on reinforcing market confidence in seed quality.
There is a huge demand for food production on account of the growing world population. It is critical to increase the agriculture yield without compromising on the ability of future generations to meet their needs. Sustainable agricultural practices will nurture the environment, society and the economy.. Modern agricultural practices will maximize food production, reduce the environmental impact and limit operating costs.
Business leaders have understood that sustainability is an investment. As part of the efforts to strengthen companies’ corporate responsibility in different industries, the Global Corporate Sustainability Index rates their adherence to Environmental, Social and Corporate Governance (ESG). . Businesses need to embed sustainability in all parts of their organization and translate it into their brands.
Coffee, one of the world’s favorite beverages, has been around for centuries. Every bean has a story, and we owe our consumers to know about the journey from the bean to their cups. The coffee value chain is very complex involving many processes and various players involved. Traceability allows companies to track and record the movement of produce through every production stage, from cultivation to the end consumer, through blockchain technology solutions.
An estimated 600 million – almost 1 in 10 people in the world – fall ill after eating contaminated food, and 420 000 die every year. Companies incur $10M in recall costs. A product recall involves the removal of a product from any stage of the value chain. This could be due to several reasons. Traceability helps to identify the origin of contaminants and defects.
Consumers’ choice towards a healthier lifestyle has transformed the strategy of leading and emerging brands. Conscious branding embraces ethical business practices. It integrates social and environmental responsibility at its core. It creates transparency and accountability and gives a competitive edge.
Evolving consumption patterns worldwide are putting the food industries up against the wall. The race for consumer trust is has led brands to work with digital food traceability, the only way to guarantee complete transparency. Leverage the power of Blockchain in agriculture to digitize agricultural ecosystem. Make the supply chain clean, credible, and traceable.
People today are looking beyond the food on their plates.. Where are they sourced, who are the producers? In what way is the food processed? And how safe it is for consumption? Consumers prefer healthier and trustworthy food brands.. End to end visibility in the food supply chains with traceability solutions will bridge the gap between the producer and the consumer..
Copyright © 2021 Blockchain for Food Safety, Traceability and Supplychain Transparency
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