CAN BLOCKCHAIN TECHNOLOGY BE THE SOLUTION TO FOOD WASTE?

CAN BLOCKCHAIN TECHNOLOGY BE THE SOLUTION TO FOOD WASTE?

The amount of food waste in United Kingdom has been extremely staggering and the estimated annual amount is also very problematic to listen to. It has been estimated that about 10.2 million tonnes of food is wasted on an average every year by the households and the food supply chain of United Kingdom. Of this figure 7.1 of the waste come from households while the remaining 3.9 million tonnes come from the food supply chain. This is a staggering amount of food to be wasted in one country alone. All these food items would almost cost about 25 billion GBP every year. The households have a total estimated cost of wasted food to be about 13 billion GBP. Contrasting into some different parts of the world people have nothing to eat at all and it has also been found that the first world countries are wasting food in this way. For ensuring that at least United Kingdom takes measures of ensuring minimum food wasted. This will lead to surplus food and ensure food security. It has to be taken into consideration that some sort of benefits and solutions need to be explored for combating all the problems of food waste. Looking at recent technological advancement, Blockcahin provides a possibility. It has been found that if food security is not ensured at some point in the future, there can be a whole lot of food shortage crises presenting challenges to the Global visions for food security as well. This would ensure that the imbalance that is caused due to the huge inadequate statistics found for enabling the magnitude of a problem. since it has been found that the chances that food security will reduce the amount of food wastage, it should be made sure that this food security measure is implemented at the earliest so that food security and its Global goal can be reached by the time it has been already 2020. The uses of the blockchain technology has been shining an unfazed light on all the food wastage problems and also reveals that there has been a permission to mitigate the problem since humans have right now initiated and persistently enable the wasteful attitude of food in them. Blockchain Technology or BCT has a worldwide appeal for projects that require transparent and accurate accountability. This has been used to implement many other successful projects in the past since 2009. Blockchain has also been used in various applications including social, financial and industrial sectors. The technology is still at its early stages of development for food security system but it is still usable for the real-life applications. Blockchain Technology has its own architecture and setting up several innovations within these architectures enables innovative structure that has been the brainchild behind reaching the idea of using Blockchain Technology for fighting food waste problems. However, blockchain Technology has previously been used by different organisations, including that banks as it begins to recognise the cryptocurrencies being decentralized and forming unit of money. The first use of Blockchain was to develop a cryptocurrency called bitcoin in 2008 – 2009. This cryptocurrency was based on cryptography built on a decentralized blockchain.. This technology is being used by various start-up organisations as well for exploring the opportunities provided by blockchain technology in the logistics, food business and agriculture as well. Since the demand of food in the entire world has been increasing exponentially every day, there is a need of transparency that needs to be set in with the food industry. It has been found that people do not just blindly believe all the activities of the food industry and therefore they have a little trust on the quality of food. This is why it has been found that they are always checking the labelling and ensuring any potential frauds and adulteration for taking measures against it. There are various other problems that could be arising in the food industry including the faulty records, frauds and errors is well. Therefore, these problems automatically pose numerous problems in the food distribution and food consumption sector in the United Kingdom. Thus, there is research process going on to make sure that blockchain Technology would most probably provide security to the wastage of food especially in United Kingdom.

The world is at such a place where in some parts of the world people are enjoying all sorts of amenities resources available to them whereas in other parts of the world they cannot afford even the basic necessities of life. This is also being translated to the availability of food. The basic requirement of food is thought to be equally distributed amongst all the peoples of the world at each given time. However, recent developments relating to alarming food waste has changed the equation. Coupled with environmental challenges and climate change. Such is the amount of food wastage found in the entire world, that is has become a huge issue that needs to be solved at any cost. In the United Kingdom alone, the amount of food that is wasted does not only consist of the disposable food. It has also been found that there are various occurrences in UK alone that has resulted in alarming rates of food wastage. For this reason, the government of United Kingdom has been looking forward to the utilization of a technological advancement to find out a way for fighting against the wastage of food in the United Kingdom. This is why, the blockchain technology (BCT) is thought for consideration as a mechanism to be considered for fighting the wastage of food in United Kingdom. The study is thus concerned with the development of a thesis below to consider all the constraints of battling food waste. The study is also conducted for considering all the aspects of the alignment of blockchain technology for fighting food wastage in the UK and how this is feasible as a technological solution considering the studies conducted and data collected through primary and secondary sources.  

Joshua Jogo