on December 11, 2019
Blockchain, IoT could save food industry $31 billion in next 5 years
Digital technologies are used to verify the origin and authenticity of products throughout the supply chain.
The adoption of blockchain and Internet of Things (IoT) sensors and trackers could reduce food fraud costs by $31 billion by the year 2024, according to a new report from market analysis company Juniper Research.
The food industry could see substantial cost savings as early as 2021, while compliance…