Technology has touched every part of the world.
No part of human life is left without technical interference. Sometimes good or sometimes bad, but the interference is there, everyone agrees. Whichever direction the innovation goes, the time decides it, but the efforts always move towards bringing positive impact. The food is the basic necessity of human survival. The traditional dinning have now been transformed to food orders at home. The liquidity become the major concerns on the Uber concept. This way, another innovation brought blockchain into the scene. The food industry has seen many changes during the past few years, and the changes have been for the best.
There are food delivery applications, restaurant table booking applications, raw food item delivery applications, etc. These applications have made the life of normal people and restaurant owners much easier. Restaurant management solutions now don’t have to worry much about the food delivery and normal people do not have to step out to eat food, everything can be done with some taps on their smartphone devices. People can also order the food they want to eat and they can just go to the restaurant and take away their order, this feature has eliminated the queue of people for taking away orders and made the restaurant spaces free for people who wish to dine in. This also saves a lot of time both for the restaurant and normal people, they can just order with their smartphones and then they can go and take away their order when ready, no waiting at the restaurant.
The technology is evolving and along with it the areas that it touches are evolving too. Food retailers all over the world can use technology to maintain the records or their sales and their workforce. Using software for analysis of their sales data can help the food retailers improve their strategies accordingly. There is some software that can even automate many tasks that need human involvement. Companies can use technology for their benefits, and the food app developers are now practicing the integration of further payment systems into the existing apps. Love it or loathe it, the block chain and smartphones are the demand of time.
Blockchain technology is used to store and share information across a network of users in a virtual space such as in food ordering app development. With the help of the Blockchain technology, the users can look at all their transactions in real-time simultaneously. The transactions are not stored at one single location it is impossible to hack the information, this is one of the biggest benefits of this technology. Blockchain is one of the best and trending technologies that are helping many businesses to grow. It can also be used in the food industry. According to research, almost 20% of the top-10 international grocers will be using blockchain technology by the year 2025.
Providing customers with features
There exist some common problems in the food industry that are solved by blockchain app development in a very significant way. The first issue is regarding the trust of the customers. The public always demands transparency in the food industry and food marketing institute. This demand is growing at a fast rate as people are becoming more and more health-conscious and are keen to know the nutritional content of the food they eat.
As per reports, it has been seen that customers lean towards those brands who provide more in-depth information about the product. They get attracted to the information beyond the information provided on the physical label. Here, blockchain can play a major role. Since this technology is easily accessible and has an immutable design, this can be considered as the best solution for providing information. With the help of blockchain, companies can provide customers with immutable and compact information about the food. There are some companies that have already adopted this technology that provides traceability solutions to various ingredient related problems.
Transparency not only helps customers but also plays a crucial role in the food industry and software development services related to it at a rather large operational level. Investigations can be done about foodborne illness and other problems. This can prevent human loss to a great level. Various food supply chains have also started using blockchain technology to operate the ingredients used in the food supplied. Blockchain has the ability to collect data from various sources and create a particular database. This can contribute to tracking the food product back to the place from where it originated. This process will ensure efficiency at the time when food safety is questioned.
The second thing is the number of people involved in the food industry. The food industry marks the presence of various participants such as farmers, vendors, retailers, customers and many more within the supply chain. A more complex process is followed at the time of tracking goods. The farm to table procedure is a long and time taking process. The idea of involving blockchain technology helps suppliers and retailers in many ways. They can get their data straight without any kind of manipulation or tampering. When a verified data goes into the blockchain, there are no issues regarding the quality of food product used that can prove revolutionary in this industry.
Blockchain solutions by IBM continue to lead the field:
IBM’s food trust is the most mainstream and adopted tracking solution of blockchain technology. It is based on the Hyperledger Fabric protocol of blockchain. This platform officially went live in October 2018.
Millions of individual food products were tracked by suppliers and retailers using IBM’s Food Trust blockchain. The seafood trade association of U.S. NFI (National Fisheries Institute) is working with blockchain technology by IBM, Food Trust, to trace seafood. IBM’s blockchain app development’s scale is being expanded by the members of the Food Trust last year. Because of this technology, the customers can now know where the potato from which the chips are made has come from. They just have to scan a QR code with their smartphones and they will get all the information that they want.
New tools for the traceability of the food are emerging:
In March last year, Carrefour launched its own blockchain-powered solution for the purpose of tracking milk. The application is known by the name Carrefour Quality Line (CQL). CQL guarantees the customers complete traceability of the product throughout the supply chain, right from the farmer’s fields to the shelves of the stores.
With the passing time, new tools for the traceability of the food products are emerging in the market. There is a lot of competition among the companies in the food industry and because of that, every other company wants to give their consumers everything that they need. These tools help the companies to grab the trust of their consumers.
Application of blockchain to alcohol and coffee
The pace of blockchain app development has increased with the intrusion of this technology in the alcohol and coffee industry. There are several alcohol manufacturing companies that are coming up with blockchain-based systems that help the consumers to determine the authenticity, quality, and provenance of various alcoholic drinks.
Additionally, coffee giant such as Starbucks has also decided to implement blockchain service of Microsoft that is Microsoft Azure so that it could track the production of coffee in various regions. This will contribute to providing the farmers with better financial independence than before.
Below are some features of Blockchain that can help in transforming the Food Industry:
- Safety of Food: The supply chain can be made very much transparent with the help of blockchain technology. This technology also gives the food chain the power so it can become more responsive to any food safety disaster. Big names like Nestle and Unilever have started considering the blockchain technology for this specific reason.
One of the biggest food suppliers in the U.S., Walmart has just completed two blockchain pilot projects. Before these projects Walmart tried to trace a mango in one of its stores, it took a long time to trace the original place from where the mangoes came from. With the blockchain technology, Walmart can provide this type of information to its consumers in just a few seconds.
Through this technology the food industry can trace any product at any point in time, this will help them to reduce wastage of food. Because of this, safe food would remain on the shelves and the contaminated food will be traced easily and it can be fastly removed from the shelves.
- Fraud Prevention: For this, the data at source should be accurate, there are many human errors in the industry and that makes it open for attacks. Compliance data is audited by some trusted third party organization and is then stored either on paper on in some centralized database. These centralized databases are vulnerable to the inaccuracy of information, high cost of operation, and some intentional errors, these are motivated by corruption and fraudulent behavior.
Blockchain app development with useful tools operates anonymously, so if any mistake is made the organization will be able to trace it and they will be able to find the culprit. There have been some food-related scandals recently and with the use of blockchain, the culprit behind such scandals can be recognized very easily. This technology can help companies that are working in the food industry with methods by which they can keep their records permanent.
One more important feature of this technology is that it facilitates data-sharing between different actors in the food chain. There are many food retailers who have sold fraudulent food products without any knowledge of it. If the food industry starts using the blockchain technology, these things will come to an end and will help the companies to grow.
- Fair and Fast Payment: With blockchain and its integration with wallet app development company, everyone will get paid faster, from the farm to the plate, everyone who comes in between will get their payment. Farmers will be able to sell their products more quickly with the use of this technology. They will get better prices and compensation for their crops on the digital space than the local market, this will be easy as all the market data will be easily available. This technology can really help the farmers who have to rely on the marketing boards for selling their commodities.
The use of blockchain technology can reduce the problem of coercion of price and retroactive payments. Both of them can be seen in the food supply chain quite often. By using this technology, the middlemen can be eliminated and this way the farmers will get the best prices of their commodities. The farmers have to face many problems in the market. Blockchain technology can help eliminate many problems for the farmers and give them fair and faster payments that they really deserve.
- Limits: The current traceability systems need work, and blockchain technology can be evolution that this system needs. Blockchain technology can provide affordable solutions to both small-to-medium and large-sized enterprises because of its architecture.
The amount of data or information that can be processed by this technology is limited. As all of the information would be out in the open and accessible to everyone. Some contracts between the enterprises would need to be secure so there can be some level of confidentiality that can be retained. Enterprises would need to balance how confidentiality could be balanced with transparency.
There are many secrets in the agrifood sector. Many food companies will find blockchain technology problematic as it is currently being deployed. For many enterprises, blockchain technology is a kind of solution that is itself looking for problems. either way the hiring food app developer demands the blockchain development level knowledge to be a necessary criteria.
- The confusion in the marketplace limits participation: This technology is relatively new and there are very few people in the market who know its real potential. Every few days there are rapid and new innovations in the architecture, applications and business concept of blockchain. Blockchain is a decentralized and open-source technology and it is challenging to hold many sectors, including the government sector.
The food sector is open to innovations until it becomes real. Only a few organizations have the courage to try out new technologies and others just watch what happens. After some company successfully uses technology, other companies adopt it and use it for their growth too. This can be the future of blockchain technology and some software development services too, there are a few big organizations that have started using it and in some time, when there will be positive results, other companies might use it as well.
How Smartphones have empowered the Food industry
Smartphones have changed the way people used to work and live. Everything can now be done with smartphones. The food sector has also used smartphones for growing and reaching out to more people. There are many ways by which food companies have used smartphones for their own benefits.
Use of Personalized Smartphone Applications
Food companies can hire developers to get a personalized application. These companies can go for Food ordering App development, as these kind of applications are in demand these days. Having a personalized application can help food companies establish a direct connection with their consumers. Consumers do appreciate a good application, the companies need to see the potential that a personalized application has.
Use of Ad’s on websites
Smartphone applications are filled with advertisements, the companies can have a deal with new and popular applications to show their ad. Although advertisements are irritating, if placed at the correct place it can really attract users. There are some mobile websites that also show advertisements, the companies need to work out an advertising strategy that can attract consumers to their store, app or website.
Read the blog- Top 10 Food Ordering Application for high revenue streams
Integration with third-party Apps
It is not compulsory to have a personalized application. The food companies can aso integrate with some third party application for the purpose of delivery or review or listing. This will save a lot of money and time for the companies and will also make sure than they get new consumers. A personalized application costs too much and it also takes a lot of time, because of these reasons it is not possible for every organization to get a personalized application for their business. There are applications like Zomato and Dunzo that provide food companies listing on their applications and also provide delivery services for their products.
Blockchain technology and smartphones together can create a revolution in the food distribution sector. There are blockchain applications that are helping the food industry to grow and interact with their consumers. Transparency is the biggest reason why companies should implement the use of blockchain technology. Consumers are now aware of the technology and will prefer the brands and enterprises that provide them with all the latest innovations.
Companies need to take some risks in order to achieve their goals and to keep their consumers satisfied with their services. Smartphones are devices that control the world, they control the enterprises as well as the consumer’s behavior. Companies can change trends if they use smartphones accordingly. A good strategy can help the food sector to use smartphone applications for its benefits. Because both technologies, i.e., smartphone technology and blockchain technology are new, there are a lot of possibilities for the food companies.