Extending the Applications of Blockchain in the Food Manufacturing Industry

Extending the Applications of Blockchain in the Food Manufacturing Industry

FE has covered the application of blockchain technology in food product track and trace applications, especially the work by IBM and Walmart. But according to a new NIST (National Institute of Standards and Technology) report, blockchain-the underlying security system used in bitcoin and other digital currencies-is being used to provide not only tamper-resistant transmission of manufacturing data for making machine parts, but also perfect traceability of that data to all participants in the production process.