The growing number of experts warns that food fraud is quietly exhausting to $ 50 billion from the global food industry each year. It can also expose consumers to a sedate illness.

According to people from the industry, Blockchain technology It can aid stop bogus and falsified products. However, implementing such systems in elaborate supply chains requires vast investments and careful planning.

Food fraud struck challenging

Food fraud It means cheating buyers about what is in their food. It can be as elementary as mixing economical oils in olive oil or as hazardous as putting melamine in milk. Based on reports, a milk scandal in 2008 in China got over 300,000 infants.

As defined by Organization of UN food and agricultureFood fraud is a deliberate act of misleading consumers about the true quality or content of food purchased.

Food fraud can only be a miniature piece of the $ 12 trillion sector, but it is the same size as the country’s economy as Malta. Buyers lose their trust and the brands suffer. Even sincere farms and shops pay a price when scandals of fraud crack.

Recent cases of food fraud that recorded across Asia and the Pacific. Source: FAO

Blockchain offers transparency

Blockchain acts like a public book. Each step in the supply chain can be registered and blocked. According to Walmart, using Hyperledger material To trace pork in China and Mango in the USA, cross the tracking time from days to second. This means that if bad meat moves down the line, it appears almost immediately.

When the data is in the chain, no one can delete or change them. This gives buyers and inspectors a clear record from farms to Fork. Technology leaders say that this type of open system can scare away fraudsters who are prospering in secret.

According to authorities, food fraud is the intentional practice of misrepresenting what’s in a food product—whether by adding cheaper ingredients, swapping in lower-quality items, or lying on labels—to trick consumers and make extra money. Image: Gemini.

Costs and complexity are

Despite this, the apply of blockchain is not economical or elementary. Companies must pay for software, equipment and training. They also need sensors that supply data to the chain. If these devices are bursting or lying, the book will have bad data.

You can harden the oracles that combine real events with blockchain. Some companies are worried about sharing too many details with rivals. The regulations are still unclear in many places.

Attracting everyone – from farmers to forwarders to a grocery store – it will take some time and cash on the same side. Based on the estimates, configuring a vast system can be found by millions of dollars for vast players.

Steps for wider apply

Industry groups and companies such as Te-Food And prosansanka is introduced by pilot projects. They collect farmers, distributors and retail sellers to test the blockchain network. Training sessions are underway.

Some governments in the EU and Asia talk about the clear principles of food identification. Experts say that starting a miniature one, with one product or region line, will display the value faster. When several success stories appear, more companies can join.

Road ahead of us

Food fraud does not go away. Combat tools are real but steep. Blockchain can end the crisis if it is used. This means determining the gaps in tracking the chilly chain, solving data islands and obtaining clear rules from regulatory bodies.

It also means issuing good sensors, safe and sound oracles and robust partnerships. If these songs are found, Blockchain will stop many cases of fraud. Until then, the battle for the protection of food and buyers will remain steep.

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