Simply put, blockchains are shared, traceable and transparent ledgers for record keeping. They capture information for each transaction in a supply chain to better understand what’s happening in the transactions.

“Traceability is a fundamental part of our future. Recapturing the confidence of consumers is important, and blockchain is a technology that allows us to do so in a manner that allows us to be comfortable in knowing we are not giving all of our secrets and not trading away our margins to the food retailer,” Aidan Connolly says.

Access the full story https://www.agweb.com/article/blockchains-shared-traceable-transparent-ledgers-for-recordkeeping-naa-mike-opperman/