Don’t allow the precious fisheries to go for granted; implement blockchain-based seafood traceability with Tracefood to come out from a hard time of seafood depletion instantly!
It is obviously more than a need for the supply chain business owners today to understand the role of blockchain-based seafood traceability in powering up their supply chains for better outcomes. The reason here is that the pilot technology blockchain holds the actual potential in lifting up the seafood supply chain business profit towards greater heights ever. This blog is going to explain to you the same….
Seafood gives the basic nourishment that every living being on this earth requires on a daily basis. Of course, it is a major source of protein for us (humans) and hence it seems to be the one vital sector that needs to be taken care of with utmost protection. But this industry is highly unstable due to a variety of reasons. Yet, we can’t avoid regulating it to some extent as required as we said before.
What are all the issues that are about to rise in seafood supply chains?
The following are some of the issues possible with a seafood supply chain system:
- Lack of sustainability
- Lack of regulations
- Lack of legalization
- Lack of efficiency
- Fragmentation.
The below statistics are admitted to witnessing these issues:
- There occurs a loss of around 50-60% of the seafood we get from the oceans.
- Overfishing or exploitation of fishing resources happens for around 89% of the global fish stocks.
- Unreported stealing of seafood takes place every minute to around 700 kilograms (on an approx).
- Mislabelling issues ought to rise in the seafood value chains to a rate of around 86%.
Well; how can we regulate the seafood supply chains by overcoming all the above-mentioned challenges? Yes, we can make it happen by enriching the seafood supply chains with a greater amount of transparency, traceability, and sustainability so that we could come out with 100% efficiency with no deviations.
If we take the history of fisheries as of now, we can come to know about the fact that no competition can yield sufficient dividends; but the collaboration can do it out. Introducing a link between the seafood suppliers (people who source products) and the consumers (people who buy and use products) can help us bring out the necessary collaboration as much as possible.
Yes! The perfect blend of innovation and collaboration is what that can strong when it comes to the matter of survival and yielding high profit. Then what else could be the big deal in implementing the blockchain technology innovation on the world of seafood supply cycles?
Of course, it is the right way to direct the supply chains towards ethical betterments moving forward. Well; let us imagine that you have implemented blockchain for seafood…What would happen then?
The overall information appropriate to the movement of seafood products within the supply chain right from the points of production and processing to distribution can be shared automatically to all the stakeholders of the chain thus making the system transparent. By the way, we could be able to trace any product right from its point of origin in the supply chains with ease. All these can be made happen possibly with blockchain. This is how the blockchain in the seafood industry works right away in bringing transparency and traceability.
Thus as a whole, blockchain accounts for the avoidance of the most pressing problems threatening the seafood sector over the years. Hence it stands as the premier choice when it comes to setting up a new quality standard for the entire seafood supply industry in no time. It helps in bringing improvements right from provenance to sustainability with no denials.
How tracefood brings out blockchain seafood traceability?
It’s now the time for the aquaculture industry to undergo something of a revolution and this could be supported by some of the leading blockchain-based seafood traceability providers like Tracefood.
The aquaculture industry has got its evolution since a long time ago (around the 1970s) for letting fish as the most valuable source of protein to mankind. For that, it has been allowing several advancements to come upon its way. But, those advancements only matter if there is a considerable level of trust among the community of seafood producers, regulators, and the consumers who are responsible for the completion of product supply. In most of the cases, this is not the actual situation as the trust is being misled by a variety of factors spoiling the industry right now.
Today, the aquaculture industry is very much influenced by a wide range of risk factors including fraudulence. Even as the industry continues to flourish and boom, there are no considerable changes observed in the aspect of fraudulence reduction. Embedding a greater level of trust into the seafood supply ecosystems can help us get rid of the poisonous fraudulence concerns, thereby ensuring a highly sustainable industry ever. To bring it to life, the industry is in need of a potent technology like blockchain to hold its presence for a long run in the world market. This is where our blockchain-based seafood traceability services speak out.
Tracefood being a reputed food traceability partner in the industry can help you make your supply chains free from fragmentation and other relevant issues, thus ensuring 100% sustainability. Moreover, its solutions will permit each and every participant of complex Blockchain-Based seafood Traceability to harness the real power of blockchain, thus paving way for the industry to create highly secure, trusted, transparent, and traceable supply chains all across the globe.
Before implementing the valuable blockchain technology in the seafood supply chains, we use to investigate its scope both for the present and for the future as well.
So, come; let us join with us and raise your support in furnishing the best practices out there to bring a fraudulence free seafood sector.