2018-6-19 23:19 |
The government of the South Indian state of Kerala will use blockchain for food supply and distribution, local news outlet Business Standard reported June 17.
Chairman of K-DISC, KM Abraham, told Business Standard that each component of the supply network would have a separate ID number, through which its source, production, quality, and distribution could be monitored on a blockchain.
The state will also reportedly use blockchain for its crop insurance scheme, ensuring the tamper-proof and efficient processing and settlement of claims for farmers suffering crop losses.
In April, U.S. retail giant Walmart announced it was ready to use blockchain in its live food business.
Together with IBM, the company has developed a system which it says will reduce food waste, as well as improve contamination management and transparency.
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