Blockchain Technology Comes to Farming
The business is ripe for innovation. Though it’s normally thought of as a security tool, some companies are now applying blockchain technology to agriculture, tracking things like the ripeness, color and pH levels of produce during each step of growing and distribution. That can offer restaurants and consumers reliable information about their food’s history. While blockchain advocates warn that the tech’s only good at solving specific problems, and isn’t a panacea for what ails the food supply chain, it could reduce fraud by proving the origins of valuable products like champagne grapes.