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Blockchain Could Save The Food Industry $31 Billion In Food Fraud Savings

Ramsey Baker

Summary: Juniper Research has released new data that shows blockchain will facilitate $31 billion in “food fraud savings” by the year 2024. The research released earlier this week shows that blockchain along with “internet of things” trackers and sensors, should help lower costs for retailers. Blockchain will allow for the streamlining of supply chains, efficient food ...

Juniper Research has released new data that shows blockchain will facilitate $31 billion in “food fraud savings” by the year 2024.

The research released earlier this week shows that blockchain along with “internet of things” trackers and sensors, should help lower costs for retailers. Blockchain will allow for the streamlining of supply chains, efficient food recall processes and “simpler regulatory compliance.”

By Ramsey Baker

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Link: Blockchain Could Save The Food Industry $31 Billion In Food Fraud Savings   [Copy]
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