WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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Curated by Farid Mheir
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This #AgTech #Startup Just Built A Coinstar For Coffee #blockchain #traceability - this tech has huge potential as it can reduce the number of food products that are recalled via @qz

This #AgTech #Startup Just Built A Coinstar For Coffee #blockchain #traceability - this tech has huge potential as it can reduce the number of food products that are recalled via @qz | WHY IT MATTERS: Digital Transformation | Scoop.it

Tech startup Bext360 has built a Coinstar-like device to grade coffee beans and pay the farmer for them right away.

Farid Mheir's insight:

WHY IT MATTERS: this is a concrete example of a use case for blockchain that shows it is now possible to trace the products from source to consumer. Blockchain technology provides a "distributed" system that can be "trusted". Why is this important? recently the US FDA has recalled 207M eggs due to salmonella: with proper traceability this number could have been much much lower: https://qz.com/1252939/egg-salmonella-recall-how-to-tell-if-a-specific-carton-is-affected/ 

That is why Starbucks is also considering similar technologies as explained here: https://www.wsj.com/articles/bringing-blockchain-to-the-coffee-cup-1523797205 

 

For more on the technology, see the video and explanation here: https://www.boulderai.com/ai-vision-systems-integration/ 

 

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IBM introduce #blockchain technology for #food #grocery traceability

IBM introduce #blockchain technology for #food #grocery traceability | WHY IT MATTERS: Digital Transformation | Scoop.it

Get an introduction video to blockchain technology and see how it can be used to address global food safety.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

IBM has been an early adopter of blockchain technology and now videos such as this one begin to show where this new technology can be used in real businesses. Here the video presents blockchain in use for grocery food traceability from harvest to store shelves, in the grocery industry. The video is not great quality but the content is interesting.

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