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Blockchain: The Solution to Food Waste and Ensuring Food Security

There is a pressing need for significant changes in how food is produced, consumed, and distributed. Addressing the challenges posed by climate change requires a dynamic approach involving policies, education, and technology. Diminishing water resources and extreme weather events are affecting every aspect of the food supply chains.

Food waste has revealed inefficiencies in the supply chains, with millions of people around the world facing hunger. Climate change is causing disruptions in food production, with warmer weather impacting the optimal growth of fruits and vegetables. Climate vulnerable countries are exporting more despite facing supply shortages.

The increasing number of people visiting food banks in the US, UK, and Canada highlights the growing issue of food insecurity. Many working families are struggling to put food on the table, emphasizing the need for robust solutions. Technologies like blockchain are being used to streamline processes and tackle food waste inefficiencies.

Record numbers of people visiting food banks

Food insecurity is becoming a widespread issue, with many households relying on food banks. Working families are facing challenges in accessing government assistance, leading to concerns about food security.

Projects like Morpheus.Network leverage technology to optimize supply chain processes and reduce food waste. By providing visibility and automation, these projects aim to ensure the safe movement of food while saving time and resources.

Tackling the issue at source

Projects like EthicHub are incentivizing farmers to produce by connecting them with global lenders and facilitating direct sales. By providing financial rewards and improving unit economics, EthicHub aims to enhance the economic viability of agricultural production.

The European Climate Risk Assessment Report highlights the risks posed by climate change to crop production, emphasizing the need for innovative technologies like blockchain to address food production challenges.

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Image credit: Canva

The post Blockchain to the rescue: How tech can combat food waste and secure our food supply appeared first on e27.

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