Soup-To-Nuts Podcast: The benefits of blockchain for the food industry expands far beyond safety

Omnichain Solutions in the News: Blockchain technology may be best known for its ability to securely move crypto-currencies such as Bitcoin around the world, but the technology can do much more—especially in the food and beverage industries.

For starters, the technology’s ability to identify where an ingredient came from and who has interacted with it at each stage of the supply chain offers significant food safety enhancements—a quality that has made FDA Deputy Commissioner for Food Policy and Response Frank Yiannas a big proponent of blockchain.

At the Grocery Manufacturers Association annual Science Forum earlier this spring he lauded the technology’s track-back capabilities for finding the source of outbreaks as well as the multiple checks it creates for potentially stopping an outbreak before it spreads.

But the benefits of the technology don’t stop there.

In this episode of FoodNavigator-USA’s Soup-To-Nuts Podcast, Pratik Soni, who is the co-founder and CEO of the supply chain management solutions company Omnichain Solutions, and the president of the frozen novelties company Ruby Rockets share how a new software-as-a-service platform created by Omnichain uses blockchain to boost sales and customer satisfaction with real-time insight into online and store-level demand, improve order management efficiencies, streamline inventory control and retail space planning, and much more. They also help clear up some confusion and myths about what blockchain is and isn’t.

Read More: