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Indian State To Implement Blockchain In Food Supply, Distribution

kerala june19 lt

The Government of Kerala, the southernmost state of India, has launched a project to use the Blockchain technology to make food supply and distribution network more efficient.

The new project, which will be implemented through the Kerala Development and Innovation Strategic Council or K-DISC, will also use blockchain for its crop insurance scheme. The technology is expected to ensure quick processing and settlement of crop losses claims to farmers.

Further, the government intends to employ new technologies like the Internet of Things or IoT, and will use RFID Tags and mobile applications to monitor the movement of trucks and refrigerated tanks.

In a statement, K-DISC Chairman K M Abraham said that each component of the supply network will have a separate ID number. With this, the source and quality of the product can be checked at every point of the network.

The technology will help the dairy sector to ensure speedy delivery of high quality milk through continuous monitoring of production, procurement and distribution through an electronic ledger.

Recently, the government agency had launched a program - the Accelerated Blockchain Competency Development or ABCD - to train students in Blockchain technology, which has huge job potential.

In April, U.S. retail giant Walmart joined with IBM to use Blockchain technology in its live food business.

Microsoft also recently announced a new partnership to develop its own blockchain-based product tracking platform to secure traceability and visibility across the supply chain.

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