UK Food Standard Agency Completes Blockchain Pilot for Food Supply Chain

Published at: July 2, 2018

UK food regulator the Food Standard Agency (FSA) has successfully accomplished a pilot using blockchain technology according to an announcement published July 2. This was reportedly the first time blockchain has been used as a regulatory tool to ensure compliance in the food sector.

The pilot was implemented in a cattle slaughterhouse, where both the FSA and the slaughterhouse were authorized to access data in order to improve transparency in the food supply chain. In July, the agency is looking to launch another pilot, which will allow farmers to access data about animals from their farm. Sian Thomas, Head of Information Management, said:

“Our approach has been to develop data standards with industry that will make theory reality and I'm delighted that we've been able to show that blockchain does indeed work in this part of the food industry. I think there are great opportunities now for industry and government to work together to expand and develop this approach.”

In the future, the FSA states that they will attempt to replicate the program in other plants. The agency said that in order for blockchain to be permanently implemented, it must be an industry-led initiative, as the current data model is used only for the collection and communication of inspection results.  

Blockchain continues to gain momentum in the supply chain sector, potentially reducing inventory management and enabling greater efficiency. Recently, a group of companies including Walmart, Nestlé SA, Dole Food Co., Driscoll’s Inc., Tyson Foods Inc., and Unilever NV teamed up with IBM in order use blockchain technology for tracking food globally through its supply chain.

Last month, Microsoft partnered with supply tracking solutions provider Ardents to develop a new product tracking platform using blockchain and artificial intelligence. The system reportedly offers end-to-end traceability and visibility from the point of origin along the whole supply chain, allowing users to trace single product items within a case.

Tags
Related Posts
Thai Ministry of Commerce Explores Blockchain Solutions for Copyright, Agriculture, Finance
The Thai Ministry of Commerce has begun to conduct feasibility studies on the use of blockchain in copyright, agriculture, and trade finance, English-language Thai newspaper Bangkok Post reports Tuesday, Oct. 9. A Thai official from Thailand’s Trade Policy and Strategy Office (TPSO), Pimchanok Vonkorpon, told the Bangkok Post that the study is being conducted with the help of the British embassy in Bangkok. As per the article, the ministry wants to find out whether decentralized solutions can boost the country’s competitiveness and credibility, especially in relation to small business. Vonkorpon added that blockchain feasibility studies will also refer to processing …
Blockchain / Oct. 9, 2018
Could Russia lead Eastern Europe’s crypto boom?
Not unlike many other jurisdictions around the world, Russia has come to recognize the potential benefits and risks flowing from cryptocurrencies by taking its first step to define and codify digital assets. The new Russian legislation dubbed “On Digital Financial Assets” sets a clear direction for the treatment of cryptocurrencies by authorities and how both individuals and businesses can handle them in everyday practice. Nevertheless, the new legislation may give pause to payments companies and fintech companies keen on expanding into the Russian market. While the approach of the Russian legislature toward cryptocurrencies — or digital assets, as they are …
Technology / Sept. 6, 2020
UK University Develops Blockchain Certificate to Protect Consumers from COVID-19 Risks
British researchers are trialing a new blockchain-based certificate designed to manage COVID-19 risks across supply chains. In a statement on April 21, Professor Nassim Belbaly, director of Birmingham City Business School, noted that “coronavirus represents a crisis of trust because we cannot any longer automatically trust goods or suppliers.” New, secure and automated solutions are therefore being sought to help reassure consumers and suppliers that goods across the value chain do not pose health risks to themselves or to others. To tackle this post-pandemic landscape, a newly-launched “4th Fourth Industrial Revolution Technologies Centre” is trialing a blockchain-based Coronavirus Clearance Certificate …
Technology / April 21, 2020
Crypto Fundraising to Aid Canary Wharf and Isle of Dogs
Bank Account Based Blockchain (BABB) and CryptoAM.io have launched a fundraising initiative on March 31 to help vulnerable and elderly people living in Canary Wharf, Poplar and the Isle of Dogs in London, United Kingdom. According to the announcement, BABB’s native cryptocurrency utility token, BAX, is the parent of the project, where transactions will be made quickly, regardless of whether they are low amounts, in addition to being an expedited and free way for the donor. Many vulnerable people reside in the Isle of Dogs CryptoAM’s Crypto Insider, James Bowater, realized that many older adults are outside the country’s health …
Blockchain / April 2, 2020
Tether to launch GBPT stablecoin pegged to British pound sterling
Major stablecoin company Tether is expanding its stablecoin offering with a new cryptocurrency pegged to the British pound sterling (GBP). Tether officially announced on Wednesday that its upcoming GBP-pegged stablecoin, GBPT, will launch in early July and will initially be supported by the Ethereum blockchain. GBPT will be a stable digital currency pegged on the 1:1 ratio to the GBPT, aiming to provide a faster and cheaper option for asset transfers. GBPT joins a family of four other fiat currency-pegged Tether (USDT) tokens, including the largest stablecoin by market capitalization, USDT. Other stablecoins include the euro-pegged EURT, the offshore Chinese …
Blockchain / June 22, 2022