Blockchain it’s going to be bigger than anyone could have imagined.

When Bitcoin and the crypto’s launched in 2010 everyone thought it to be a joke, and some still do. What if everything you touched was part of a blockchain, then what would you think?

🎩 Hat tip to : Darrun Pollock Forbes

Coffee beans to scallops will be tracked from origin to our dinner table using the blockchain. If this gives a shiver of make of the beast from the Bible description of the book of Revelation I’m with you. to some degree with all the GMO crap and Bioengineering of foods and animals I almost like the idea. But there is a dark side also. The nano technology of the blockchain with its slit second calculation of what ever task it’s assigned. This new technology now makes it’s possible to track every coffee bean Jaun Valdez grows and sells all over the world. Every Charlie tuna pulled from the sea, “and” every fillet carved from each tina

In summary everything grown, bought, sold, designed, or created will be assigned a block chain number. Lets look at the article from Forbs

For the consumers, there is a growing desire to know for certain their food is from where it says it is from; promoting sustainability and better food production. For the food companies, an efficient and secure supply chain offers enormous benefits for the business and eventually leads to money-saving down the line. 

Even for the farmers and food producers, there are benefits involved, yet, those are not as widely publicized or well known. Farmers want their product to be bought and traded fairly, as well as truly represented when it reaches the plates of the population, but there is a lot more that blockchain can do for the men in the fields and on the boats.  A Scallop pilot

As part of this collaboration, a fleet of scallopers owned by Capt. Danny Eilertsen of New Bedford, MA, will begin uploading data about their catch onto the platform, enabling distributors and retailers to identify precisely when and where a given lot of scallops were harvested. 

The platform will also track when the boat landed portside, and when each scallop lot was hand graded, selected, packed, and shipped to its final destination. This information, as well as images and video, is uploaded via satellite to a distributed ledger while still offshore.  Once it is uploaded, this information is then available to parties given permission including distributors, suppliers, retailers, and their customers at point of sale.

How does it work?

McQuade pained a rather good example of how this blockchain interconnectivity can work

“We’re already seeing this happen. Thanks to this platform, a chef who thinks their scallops were particularly good one week can call up the ship captain 3000 miles away who produced the catch and tell them directly. On the other hand, if a chef thinks the night’s scallops are too sandy or poorly shucked, they can call up the captain and tell them that too.”

It starts from the bottom

Key to this entire empire of blockchain track and trace sustainable food production is where the supply chain starts – at the docks or the fields. If there is a failure of information from the outset, the entire technology advancement can fall on its face.

Nothing stays the same understanding the future and be prepared for it so we are not taken by surprise. You don’t need a technical background to grasp the world-changing potential of Blockchain, the technology that powers today’s cryptocurrency economy. The “Blockchain for Business” online course gives you the most comprehensive understanding of “The New Industrial Revolution,” how Blockchain works in relation to crypto-assets such as Bitcoin and Ethereum, and its far-reaching impact on global finance.

Through a series of video lectures taught by the financial minds at 365 Careers, we can learn the business applications of Blockchain technology, its limitations, potential, and which opportunities you can seize on to transform your life and financial future. CARPE DIEM


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