Blockchain technology could solve food safety and fraud by enabling immediate traceability to the point of origin. (Shutterstock)
 

Sylvain Charlebois, Dalhousie University

There has been a lot of noise on cryptocurrencies and Bitcoin of late. While some suggest cryptocurrencies are a fraud, others believe them to be the next biggest economic revolution the world has seen since the internet. Bitcoin has brought to light blockchain technology, which offers great potential for food safety and verification in the agrifood sector. Yet it is far from being the panacea for a range of issues affecting the industry — at least for now.

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