Blockchain technology: a game-changer in tackling food waste?
Technology & food waste
It definitely has been more evident that the use of technology has facilitated pathways to sustainability. The innovation in its application and purpose has seen many industries rely on it to support their green missions. And in a world grappling with food waste and scarcity, the advent of blockchain technology holds a potential promise of redefining our food systems. In this blog, we will discuss how this innovative technology could be a key player in mitigating not only the challenges of food waste but also addressing issues of food scarcity.
As we have discussed in our previous blog posts, food waste is a worldwide issue where a significant portion of the food we produce ends up in landfills. The current food supply chain is flawed due to inefficiencies and a lack of transparency, rendering it challenging to pinpoint where and why food is going to waste.
Can blockchain offer the transparent solution?
Blockchain, the technology underpinning cryptocurrencies (such as Bitcoin), offers a transparent and decentralised approach to record-keeping. Imagine a digital record that traces the journey of food from the farm to your plate, with every participant in the supply chain having access to the same information. This transparency could be a game-changer in reducing food waste.
Traceability
Blockchain's ability to provide a traceable and unalterable record of each step in the supply chain ensures accountability. By assigning a unique identifier to each product, stakeholders can quickly trace the source of contamination or spoilage. This not only helps in preventing the spread of unsafe food but reduces food waste and also facilitates targeted recalls, minimising the need for mass disposal.
Smart Contracts for Efficiency
Smart contracts (digitalised, self-executing contracts with terms written in code) could streamline processes and reduce delays that often lead to food spoilage. For instance, automatic triggers within smart contracts could prompt payments when predefined conditions are met, ensuring that transactions happen smoothly and without unnecessary delays.
Data-Driven Decision Making
The real-time data accessible through blockchain can help stakeholders make informed decisions. Farmers, distributors, and retailers can utilise this data to identify inefficiencies, optimise routes, and predict demand more accurately. By addressing these critical points, the technology can aid in reducing overproduction and waste.
Food Scarcity: A Parallel Challenge
Whilst combating food waste, blockchain technology can also play a role in addressing food scarcity.
Redistribution Platforms
Decentralised platforms enabled by blockchain could connect producers with food surplus to consumers facing shortages. This peer-to-peer network can allow for efficient redistribution, ensuring that excess food reaches those who need it most.
Donation Transparency
For charitable organisations, blockchain can enhance the transparency of donated food. The technology allows tracking of the source, quality, and expiration dates of food donations, instilling confidence in the donation process and encouraging more people to contribute.
Conclusion
In the battle against food waste and scarcity, blockchain technology emerges as a potential yet important ally. By introducing transparency, traceability, and efficiency into our food systems, blockchain has the potential to revolutionise the way we produce, distribute, and consume food. As consumers, understanding and supporting initiatives that encourage technology for positive change can contribute to a more sustainable and equitable food future. Whilst there is no silver bullet, the adoption of blockchain in our food systems might just be the transformation needed to ensure that every bite counts.
