Data Transparency in Food Supply Chains


Data Transparency in Food Supply Chains

Tim Hammerich

It’s time to publish your Farm of the Future report. I am Tim Hammerich.

There are many reports from consumers wanting more transparency about where their food comes from. Several companies have sprung up to try and tackle this challenge, including Canada-based TheoryMesh. Co-founder and CEO Chris Bunio says they use blockchain technology to collect data from farm to fork.

Bunio… “Our job is to create traceability and transparency platforms for the supply chain. So looking at what happens when we get food literally from the early stages of growing that food on the farm, getting all the data that happens all the way through the production of that in the chain of supply and being able to convey it to the consumer in different ways, depending on the type of things they want to see.

But this may lead some to ask: what’s in it for the farmer? Bunio sees real value for farmers who store this data digitally.

Bunio… “For something like organic certification, everything is usually on paper. So it’s effectively dead data for any process you want to connect to. But we’re able to digitize a lot of that, provide them with ways they can go through, and self-verify the information before they embark on their organic certification processes. So that starts to reduce some of the time it takes to do things like that certification. It opens the door for them to add label claims or things like that to their marketing. So there’s a lot of work we can do to help small farmers and their own marketing elements. »

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