IBM To Trace Food Contamination With Blockchain (cnbc.com)
Thelasko shares a report from CNBC: IBM has been joined by a group of global food giants including the likes of Nestle, Unilever and Walmart in an effort to reduce food contamination by using blockchain. The corporation announced Tuesday that it would enable global food businesses to use its blockchain network to trace the source of contaminated produce. IBM said that the problem of consumer health suffering at the hands of toxic food could be solved using its distributed ledger technology, which maintains a digital record of transactions rather than a physical one. It would enable food suppliers to source information about the origin, condition and movement of food, and to trace contaminated produce in mere seconds.
Will this help with willful contamination? Soy/corn/wheat byproduct are being added into previously non-soy/corn/wheat byproduct items as additives. Some of the time the additives are labeled, sometimes its "natural flavoring".
Inheritance is the sincerest form of nepotism.
A blockchain is just a list.
IBM is going to trace food contamination with a list.
Looks like blockchain is this year's marketing "it" word, just in time to replace cloud. E.g. "our new word processor is powered by blockchains."
Specifically blockchain creates a distributed audit trail that is for practical purposes protected by the massive computational resources needed to reconstruct it, and does it in a way in which pseudonymous parties can agree without trusting each other or even knowing who each other is.
Clever as it is, very few applications really have all those requirements. That means that most proposed uses of blockchain are just pointlessly complicated and expensive ways of achieving things that could be accomplished with a few simple cryptographic and data representation conventions. In fact they make ordinary data management tasks incredibly cumbersome. If a bitcoin moves from Alice to Bob to Carol, Carol really wants to make sure that Alice doesn't repudiate the initial transaction with Bob. If company A mistakenly records a transfer to company B, in order to make that fixable you have to build an entire set of practices on top of blockchain to undo what blockchain is supposed to do.
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