The Surprising Impact Of Blockchain In The Food Industry
The technology that tracks bitcoin transactions is set to revolutionize the food chain. Blockchain, the distributed ledger technology, will lower transaction costs for food companies and improve efficiency and create new business opportunities. Firms are currently exploring options to adapt to the new technology at risk losing their competitive edge as innovation takes hold. Wal-Mart Stores Inc. and International Business Machines Corp. have already jumped on the bandwagon to improve transparency in an industry targeted by food-fraud, that’s been estimated by Michigan State University to cost as much as $40 billion a year. In order for goods to be traceable from farm to fork, all parties that handle the goods should be linked to the blockchain Harry Smit, a senior analyst
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Consumers Want More Grocery Store Prepared Meals. How Should Grocers Adapt?
The consumer dollar has spoken: the best thing since sliced bread is sliced turkey. A new FMI report, the FMI Power of Foodservice at Retail, seems to show that deli-prepared food purchases are up 9.3% compared to 2019 numbers and up 2.4% year-over-year in unit sales. It’s clear that consumer appetite for grocery store prepared […]
Robotics in Early Learning Can Be Essential in How Students React to STEM Literacy
Early learning robotics can be essential in how students react to STEM literacy and with large gaps In STEM achievement persisting across the U.S., access to technological resources can make a significant impact. K-12 education was disrupted by the COVID-19 pandemic, but the disruption could be mitigated by introducing the latest and innovative technology into […]
The European Space Agency Lunar Launch Programs and Service Initiatives to Watch in 2023
The European Space Agency is making strides in its efforts to commercialize space, with a focus on sustained exploration. What are they doing to achieve this? According to the ESA, it all starts with service initiatives. A recent panel discussion at the Space Tech Expo in Bremen, Germany revealed that the ESA is growing its […]
