ABSTRACT
Blockchain technology has been around since 2008 and disrupts many traditional industries and business models, especially virtual ones. Digital and cryptocurrencies are the best examples, which have made a wave in the world. Blockchain vendors have created hype; however, there is no denial of the usage and importance of Blockchain in the food industry. This chapter aims to unravel the hype from the truth about Blockchain technology’s ability to provide track ability to the food supply chain. It further focuses on the strengths and weaknesses of the conventional tractability system’s assessment capability (an essential element in protecting public health and allowing health services to identify more). The final part of the chapter compares the conventional methods with Blockchain technology, considering the commercial analysis from the Blockchain implementation perspective. The chapter also tries to justify logically and by arguments about how Blockchain-based food trackability systems are more appropriate for velocity, disclosure, and implementation than traditional electronic trackability and existing systems. This chapter’s limitation perspective discusses how lack of interaction is presently the principal impediment to finding a food product from farm to fork in the entire system.
