Feed Strategy - January 2018 - 11
FeedStrategy ❙ 11
Technology, consumer desires will drive future
of farming: www.WATTAgNet.com/
fered by blockchain serve the probable demands of the prosumer, "the
feed business is the ideal model" for
it because each feed manufacturer
engages with many different vendors
at various stages in the supply chain.
"I think that that is a game
changer," Connolly says, noting that
blockchain would allow a glimpse of
every input and touchpoint involved
in feed production - from the fertilizer used to grow the feedstuffs
all the way through to the delivery
of the finished feed and beyond.
The development of international blockchain standards are under International Standardization
Organization (ISO) review. In
November 2017, the ISO TC/307
committee met to establish working
groups to tackle everything from basic terminology to the technical components, such as smart contracts.
the feed through to the plate, there
would be total transparency and
traceability, but of course, that's not
always the case," Connolly said.
"The food chain - and certainly
the feed chain - have always been
characterized by a certain degree
of secrecy. However, that secrecy
Ensuring food and feed safety
At the core of all agricultural
traceability efforts is food safety.
Blockchain networks could identify contaminates or problematic
"blocks" to facilitate recalls in a
fraction of the time it would take via
Despite the breadth of its scope,
blockchain allows for transparency
without giving away all of the company's "secrets," Connolly said.
"Today, you would imagine from
Ideas change everything. Could they change you?
The transformative power of ideas will be the focus of
ONE: The Alltech Ideas Conference. Join us to explore how
ideas could change your business, your life and even our world.
May 20-23, 2018 | Lexington, KY
Register Now: One.Alltech.com
See us at IPPE booth C2361
January 2018 ❙ www.WATTAgNet.com