Key Points
- Blockchain has not been leveraged across the feed supply chain
- Bulk commodity complexity and lack of incentive may limit blockchain in the feed supply
- High value and discreetly packaged animal feed products would be easier entry points
Tag: blockchain
What is Blockchain?
This week, Dr. Jennifer Van de Ligt and her team explain to us what blockchain is.
Key Points
- Blockchain has potential to improve traceability and accountability across the feed supply chain
- Blockchain allows parties to trade in the absence of a mediator or trusting relationship
- Blockchain transactions are decentralized, immutable, consensus-validated, and secured