Srijan Technologies Develop Blockchain Platform to Track Honey Supply Chain
September 24, 2019
Srijan Technologies Develop Blockchain Platform to Track Honey Supply Chain
September 24, 2019

Srijan Technologies, a private company in India, has declared that it is supporting a group of researchers at the Indian Institute of Technology (IIT), Delhi in a project that will be using blockchain to track honey from farm to retailer in order to extract illegal additives and impurities along the supply chain.

Challenges in the Indian Honey Industry

It has been reported that according to Ledger Insights, India’s honey industry has increased a dubious reputation because of quality control issues. In 2010, the European Union stated that honey from India had been found to be contaminated with substances such as lead and other antibiotics that were introduced in the production process.

To encounter this issue, Srijan revealed that it is sponsoring a blockchain-powered platform to track honey from its origin to end consumers. Initially, researchers resolved that the most common issues included the addition of foreign honey, feeding sugar to bees, mislabeling and uncertain geographical origins.

ALSO READ :  LinkedIn Co-Founder Allen Blue Says Careers Like Blockchain Outlines Risks For Women

Building Trust Using Blockchain Technology

Rahul Dewan, the COO of Srijan Technologies, said that blockchain can help Indian honey win back trust from international consumers.

He stated:

“If importers and consumers around the world are able to trust the quality of the honey they are consuming, grassroots bee-keepers and bee-collectors get better rates.”

Rahul Dewan

In the meantime, Kavya Dashora, the project’s principal Investigator, revealed that decentralized technology can ensure consumers get good quality honey.

She added:

“Honey either comes from the wild or from apiaries. The produce can then travel through a number of hands and this is where the chance of adulteration is highest. A blockchain ledger records transactions at every stage of the value chain.”

Kavya Dashora

Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is a regular publication of information, analysis, and commentary focused primarily on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any security.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

You May Also like

Ishita Bora

Ishita Bora is a content creator at Digital Notice Media Labs. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. She is an archetypal writer, who loves to create her own little world with words and locutions. Apart from this, her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
Share This

Share This

Share this post with your friends!