Abstract
By correlating the global calorie gap, measured as calories produced minus calories consumed, with population growth around the world, we can get a glimpse of the inevitable tipping point of food shortage. Since food production involves numerous sectors such as growers/packers/shippers, food importers, food distributors, retail and grocery, restaurant operators and consumer goods outlets, data sharing across these industries is a crucial necessity. Further, since food production is so closely intertwined with water, energy and environmental concerns, global food cannot be studied in isolation. A blockchain-inspired Internet of Things (IoT) architecture can not only provide a platform for data sharing but also contribute to increased food efficiency, clearer transparency, reduced possibility of tampering, and improved safety of the overall food supply chain. The concept of securing food-related value tokens on a decentralized public ledger by means of a security mechanism, such as those in use in the cryptocurrency domain, not only can offer exceptional benefits in virtually every aspect of food industry from farm to fork, but more importantly can provide innovative localized solutions to food insufficiency. Known as blockchains, these distributed information systems offer tamper-proofing, decentralized consensus and control, and transaction transparency on a global platform that has no barriers to entry – even for small farmers.
Presenters
Forouzan GolshaniProfessor and former Dean, College of Engineering, California State University, Long Beach, California, United States
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
Food Production and Sustainability
KEYWORDS
Global Food Sufficiency, Self-organizing Inclusive Networks, Commission-Free Trading Platforms
