Manna Seafood Blockchain through the use of blockchain has the potential to vastly reduce the cost and complexity of food safety and distribution.Inefficiency in the food system is a pervasive problem worldwide, made more apparent by the COVID-19 crisis, which stressed the global seafood supply chain. Inefficiencies and collapses of the supply chain negatively affect consumer pricing, carbon footprint,food waste and expected freshness. With blockchain, we can enable open transparency for tracking the movement of food, monitoring the processes of production and reclamation, and administering the enforcement of effective food safety and sustainability practices. The world runs on data the faster it’s received and the more accurate it is, the better.Last year, Food Safety magazine counted 337 food safety recalls in the US. Companies surveyed put costs at up to USD 30 million per incident.Tracing food across the supply chain takes days, if not weeks, as companies may struggle to find a mix of digital and paper based food data. With a digitized food system network participants could have instant recalls, with convenient access to data and tools to improve food safety enabling participants to become proactive contributors to better the food system. Using blockchain, all food system participants could know the provenance, real-time location, and status of their food products. Before blockchain, there was no way to prove that you got your catch onto ice a little faster than your peers, or that you got them into port more quickly. Now, there is.
