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Blockchain Nolution for fishing industry
Blockchain's immutable record system can help mitigate issues related to illegal fishing. The platform allows the exact origin, condition, species and method of capture recorded by fishermen on the blockchain. This information is seamless and transparent according to the fish so that it can be accessed and verified by the end buyer and the consumer in the store or restaurant using their smartphone. Consequently, people can be sure that they do not contribute to illegal fishing activities. When only sustainable fish and legally harvested fish are required and can be purchased correctly, illegal activities will be forced to close.
Jessi Baker, CEO of Provinence, a UK-based social enterprise, summed up this concept in an interview with Blockchain Revolution when he said, "We want to help support the fish being hit. Make it possible and validate these claims to help promote the market for slavery - free fish. This pilot also shows that complex, global supply chains can easily be implemented transparently using blockchain technology. " Blockchain also significantly reduces costs and increases efficiency for the fishing industry. Because the distribution ledger stores large amounts of data quickly and inexpensively, it can replace paper cards and costly, time consuming. Gone are labor costs and materials related to repetitive recording information. Moreover, because the blockchain safely and transparently stores information, the record of the exploited output and shipments can not be changed. With the blockchain development, can no longer damage the parties not to give inaccurate data to achieve financial, this will help players and consumers honestly. The Future of Technology Thanks to Blockchain Development (See the blockchain statistics and reports here.) Both in terms of environmental protection and reduced costs, blockchain has the potential to deepen the fishing industry. The focus now is on the implementation and expansion of the scale. "The next challenge is to build scalability so that traceability systems can operate across borders and organs," said Dr. Darian McBain, director of sustainable development at the Thai Alliance. certify, and educate consumers that it is more valuable for the fish to sustainably monitor. fair and reasonable pay. " You can read more on IBL page This is my favorite website and I want to share with you so everyone knows about the blockchain technology |
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