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Blockchain in the Food Chain
Andy Brudtkuhl
May 09, 2019
Technology
0
130
Blockchain in the Food Chain
Case studies on blockchain usage in food value chains.
Andy Brudtkuhl
May 09, 2019
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Transcript
Blockchain and the Food Chain Andy Brudtkuhl @abrudtkuhl Director of
Emerging Technology National Pork Board
None
What is a blockchain? •It’s Just A Database •Distributed Ledger
•Decentralized •Immutable •Encrypted
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None
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Public vs Private • Public • Ethereum • Bitcoin •
Private / Permissioned • Hyperledger • IBM • Azure • AWS • R3 / Corda • Ripple
None
Why the food chain? Supply Chain Transparency
$8.7 Trillion Dollar Market 2018 Plunkett Research
Convergence Consumer Behavior Emerging Technology Disruptive Models Innovation
Fueled By Consumer Behavior Consumers are willing to pay up
to 13% more if their food is sustainable
Powered By Technology
Ag 1.0 • Transition to Ag • Domesticating Plants Ag
2.0 • Manual Labor • Localized Ag 3.0 • Tractors / Machinery • Fertilizer • Modern Genetics • Globalized Ag 4.0 • AI/ML • IoT • Robotics • Gene Editing • Blockchain The Evolution Of Agriculture Neolithic 19th Century 20th Century 21st Century
Innovation From Disruptive Models
2018 AgFunder Report $17 billion Ag and Food Tech Investment
in 2018
I thought this was a blockchain talk?
Convergence Consumer Behavior Emerging Technology Disruptive Models Innovation
Blockchain In Food and Agriculture •Provenance •Traceability •Trust •Efficiency
Provenance Where is this product from?
None
Traceability Where has this product been?
None
None
IBM Food Trust
Trust Can everyone trust the authenticity of what you are
selling?
Consumers will pay 10-13% more
Efficiency Real-time data and transactions
None
Case Studies
Bumble Bee Foods - Tuna
Walmart - Leafy Greens
Beefchain – Wyoming Beef
Sweetgreen - Produce
Tyson – Premium Beef
Cargill - Honeysuckle Turkey
Chinese - Beef
None
California - Groundwater
Starbucks – Coffee Beans
Nestle - Milk
Questions? Andy Brudtkuhl https://agtech.email @abrudtkuhl