Enterprise Blockchain Use Cases - Food and Beverage Industry

Blockchain Dashboard - Food and Beverage

Comprehensive coverage of blockchain action taking place in the food and beverage industry. Blockchain Projects, use cases, consortia, enterprises involved, executive decision makers, and benefits of blockchain adoption.

Blockchain Use Cases

Enterprises from the food and beverage industry are demonstrating strong confidence in the blockchain technology. Currently, these enterprises are testing this technology for more than 15 different use cases, some of which include, provenance, product authenticity, inventory management, customer loyalty management, and supplier payments, among others.

There are more than 100 enterprise blockchain projects underway across the globe in the food and beverage sector. The adoption is well-spread among different categories – food and dairy product manufacturers, NGOs and associations representing growers and raw material suppliers, and government agencies and regulators.

Blockchain Projects

Countries where Blockchain Projects are Underway

The adoption of the blockchain technology within the food and beverage industry is well-spread across various geographic regions. Even as the companies from the Asian region seem more proactive, than their western counterparts, the United States remains the country with the maximum number of projects at 18.

These projects are being executed by a mix of large system integrators, specialist blockchain vendors, consulting companies and in-house research teams at insurance companies. There is no clear template for engaging blockchain vendors yet, and different enterprises are using different combinations of Blockchain-as-a-Service (BaaS) providers, customized application developers, distributed application platforms (dApps), and in-house IT teams.

Blockchain Technology and Consulting Vendors

Enterprises Involved in Blockchain Projects

More than 170 enterprises, government organizations, and regulators have come forward to test this new technology. Some of the key industry stakeholders involved in these projects include farmers and growers, food processors, beverage manufacturers, packaging companies, academic research institutes, food safety regulators, NGOs and associations, among others.

These enterprise blockchain projects are helmed by senior executives that include a combination of business and technology decision-makers from enterprises as well as technology and consulting solution providers. Some of these executives include CEOs and Deputy CEOs, EVPs, CFOs, CIOs, Chief Digital Officers,  Managing Directors, Presidents, and Consulting Partners, among others.

Senior Decision Makers

Blockchain Consortia

The urgency for blockchain adoption, within the food and beverage industry can also be underlined by the fact that five industry consortia have already been formed by industry participants, which also includes regulators. The formation of consortia will lead to faster and wider implementation of the use cases.

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