Growing threats to food safety and contamination have led to a huge need for a robust traceability system. The food industry is plagued by food fraud, foodborne illnesses, food recalls and lack of traceability and transparency.

Tracking and tracing the food supply chain is essential to identify the source of the food. It ensures that the food provided is safe to eat.

Traditional traceability systems that are currently used by the majority of the food supply chain industry worldwide are centralized. This means that only one entity owns the data and the integrity of the data depends on implicit trust in the data owner. This centralized database lacks transparency between supply chain partners and is vulnerable to data falsification. There is a need for better technology that can bring about a massive change in the food industry when it comes to data sharing and storage.

This is where the exciting technology of Blockchain comes into play.
– Blockchain is decentralized – no party has complete control over the data.
– Blockchain is distributed – each party in the supply chain receives a copy of the data
– The blockchain is immutable – no third party can tamper with the data once it is on the blockchain

Blockchain has the potential to create a new sense of trust among food consumers. By being decentralized, distributed and immutable, it is one of the technologies that can truly change the game in the seafood industry.

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