The food industry is a large, complex and global collective of businesses that is crucial for the world’s population. The food industry consists of agriculture, manufacturing, marketing, food processing and many other things. The food industry implements various technologies, including biotech, fintech and IT. The food industry is already implementing blockchain for supply chain management and automated data collection systems. Cryptocurrencies are also an important part of the future of the food industry. Today, one can buy and order food with Bitcoin on various sites and services. Bitcoin-accepting food delivery services are a part of today’s food infrastructure too. Young food start-ups can also implement cryptocurrencies into their business structure to gather funding through an ICO or to make a smart contract-based purchasing process.
"The future of the wine industry lies in verifiable provenance, transparency and traceability."
Blockchain-powered Bordeaux? IBM announces wine supply chain tracing system
"The impact of this project will extend beyond the mango industry,” said CRCNA CEO Jed Matz.
'Game changing' blockchain program tracks mangoes in Australia
Blockchain tech provides opportunities for progressive food enterprises to be more competitive and contribute to sustainability measures.
Blockchain-backed food supply chain management solves the problem
The Australian government-backed supply chain traceability platform Entrust is launching on Hedera Hashgraph.
South Australian food and wine tracing platform teams up with Hedera
The price of Bitcoin will be calculated depending on its current price on Bitpay and the delivery platform.
Just Eat adds Bitcoin payments for 15,000 restaurants in France
Food and wine fraud costs Australians $1.7 billion, but government and industry experts say blockchain could be the solution
Blockchain can combat Australia’s $1.7B food and wine fraud problem
Centrapay, a digital payment platform that serves KFC, Adidas, BP, and Carlton Draught has secured an investment from Coca-Cola Amatil for an undisclosed amount
Coca-Cola Amatil invests in Centrapay’s seed funding round