How Daoes Blockchain Technology Help The Food Industry In Elevating Food Safety Protocols?

• The upcoming year will see the rise of Wireless monitoring sensors that control temperature and humidity, saving a significant amount of money for companies that are spent on food and energy waste.

• Traceability, which is among the four core elements outlined by the FDA and offered by blockchain technology, is pretty significant when it comes to food safety and operational efficiency. It assists businesses to locate a product at various stages of the food chain.

• User-friendly and affordable, SaaS restaurant assessment and inspection apps have also become quite significant for the industry as it helps in transferring valuable information to supervisors in real-time that, in turn, can avoid a possible crisis from happening.

Before the advent of the global pandemic, many in the food industry participated in conversions regarding blockchain technology, traceability, transparency, digital technology, sustainability, and its everyday impact on the green revolution, breaking the notion that it’s a new concept to the foodservice industry.

However, all of it took a backseat during the pandemic and the discussions came to a halt suddenly. Nonetheless, many developers didn’t stop and continued moving forward.

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In the coming year, the world will be witnessing technology trends that seemed decades away. Digital technology has almost become a necessity.

Software as a service (SaaS) such as bulk email providers and calendar services, renders a complete software solution on pay for service method through cloud service provider.

Today, more and more firms are leveraging this service for doing their business. Over the past few years, it has become a new trend as it’s quite convenient also. 

SaaS has made obtaining information quite efficient and fast. However, there is no way to erase history in this digital technology, the regulators will still be able to find the information even if someone deletes the information as it continues to remain.

The forthcoming year will also witness quite a big trend of Wireless monitoring sensors that are capable of controlling the temperature and humidity, saving the company’s large amount of money spent on food and energy waste.

With absolutely no exception, the cold chain has also been responsible for 3 percent to 3.5 percent of greenhouse gas emissions. However, it shouldn’t come as surprising as 15 percent of the worldwide electricity is used for refrigeration and 40 percent of all food requires refrigeration.

Refrigerants, food waste, and electricity are three sources of cold chain emissions. According to a study conducted by BCG, due to the poor storage and handling, a distressing amount of  $120 billion is wasted in food supplies.

Transparency, traceability, and sustainability that Blockchain technology offers, have become everybody’s need in the industry. In the New Era of Smarter Food Safety Blueprint, the FDA also outlined the four core elements including tech-enabled traceability as one of them.

Traceability plays a significant role in terms of food safety and operational efficiency. A solid traceability program enables locating a product on various stages of the food chain within the supply chain. However, its availability to all, including small businesses will make it user-friendly and affordable. Once it’s become widely available,  it will minimize foodborne illness outbreaks and also help in tracing the source in case of an outbreak.

Digital technology will also help buyers save time in connecting with verified sellers and also reduce their research time and assist more firms to buy locally with confidence.

SaaS restaurant assessment and inspection apps that are quite affordable and user friendly, help in the transfer of valuable information to supervisors in real-time, which can avoid a possible crisis from happening as the supervisor can ensure the corrective measures were taken in time.

SaaS products proved to be a boon for the foodservice industry. As the digital world continues to boom, Data pipelines will become a significant part of the business.

Since data integration allows an excessive amount of data integration from various sources, today it holds several businesses together. This data can be extracted at various points and used for conducting analysis. What makes the process significant is the thing that businesses can interrogate the data that has been processed at a particular point in many ways without having to start over.