Blockchain over the many years since its inception has been
used primarily for one use-cryptocurrency. With its immutability due to the
blocks and each being recorded after 51% of the block members' approval. As time
has passed, more industries have started to research this for their own use
case.
As the protocol is not application-specific, there are many industries
this is perfectly in tune with. With the wide variety of uses, it's no wonder this
has been researched in the food industry. Transparency and traceability are
significant benefits here. Recently, a mango producer has embraced the
blockchain platform. The PoC (proof of concept) testing for this lasted 2.5
years. The blockchain application was co-funded by the Cooperative Research
Centre for Developing Northern Australia (CRCNA), in partnership with Trust
Provenance, blockchain subject matter experts, mango producer Manbulloo and
Growcom, an industry group.
The blockchain in this instance includes data from all of
the systems, including critical information within their supply chain. With this
application, the real-time data (e.g. time, temperature, and location) were included
in the blocks, approved, and placed into the blockchain. With the
transparency factor, the data could be accessed by the member through a
dashboard. With this data all in one place, Manbulloo is able to check in one
area for the secured information. Previously, every organization in the supply
chain had its own version of record-keeping, which created additional costs
and redundancy. Another benefit is once this is placed in the blockchain, it is
immutable or not able to be altered or adjusted.
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