Estimated reading time: 0 minutes, 19 seconds

Blockchain Can Save Food Industry $31B by 2024: Research

Blockchain technology will create $31 billion in food industry savings over the next five years. So reports CNBC.

The figure, borne of a Juniper Research report, will help the industry fight fraud. Blockchain, combined with sensors and trackers from the “internet of things,” will help bring down costs though streamlining supply chains, simpler compliance and more efficient food recalls.

Read the full article from CNBC.

Read 2724 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.