Blockchain technology is relevant to more than just cryptocurrencies. Blockchain, however, is mainly concerned with the decentralized storage of information and the consensus of particular digital assets, which can or cannot be cryptocurrencies.
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Blockchain technology is a natural fit for GIs as they depend on origin, authenticity and quality”The technology shows consumers the geo location where the product is harvested and detailed information on who produced it. The information supplied and displayed in blockchain is reliable and tamper-proof,”
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Footprint by TRST01 is an AI and blockchain-powered platform revolutionizing ESG tracking, measurement, and reporting. Adhering to global standards, it provides industry-specific insights, comprehensive supply chain reporting, and credible ESG disclosures, fostering transparency and accountability in business sustainability practices.
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There is a famous quote by Mahatma Gandhi – “Earth provides enough to satisfy every man’s need, but not every man’s greed”. We all agree that there should be economic progression but not at the cost of environmental degradation. There should be a balance between environmental sustenance and economic advancement. We cannot continue to pollute the atmosphere, poison the ocean and exhaust the land. This isn’t any more available.
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In the post-pandemic era, the importance of food traceability is growing in magnitude. Consumers want to know everything about the journey of their food from the farm to their tables. People want to know about the ingredients, chemicals, fertilizers, pesticides and other additives that go into producing their food, including the geo-location from where the foods have been sourced. That’s where traceability comes in.
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