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❕NEWS Blockchain technology is extending to the fishing industry

AudraMiller

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Uses for blockchain technology has been quite vast, with this system being able to be used with in cryptocurrencies and also for data capturing and effective data management. The recent industry that is employing the blockchain system is actually the Seafood business. In a recent news article the Spanish seafood giant Nueva, has announced that they are partnering with IBM Food Trust in order to be able to track and trace the fish using the blockchain system. What are your thoughts on this?
 
Well , blockchain is everywhere its right that there is lots of projects but always study them before putting even a penny and watch out from potential low quality projects as well
 
This is a very good innovation and i am sure that they must have tested it and see the accuracy of using blockchain,,so they want to just try it out
 
This is a very good innovation and i am sure that they must have tested it and see the accuracy of using blockchain,,so they want to just try it out
there are many industries that are expanding to incorporate the blockchain technology and this is even something that is also being used to share information between countries as well.
 
there are many industries that are expanding to incorporate the blockchain technology and this is even something that is also being used to share information between countries as well.
Yeah some cities like Miami are already adopting it , there are basis because once there is continous interst in the use. The inportance would increase
 
Yeah some cities like Miami are already adopting it , there are basis because once there is continous interst in the use. The inportance would increase
Yes this is true. However, it would need to be all states implementing it for the importance to raise. Only certain states doing it will still create uncertainty in the minds of many that will lead to their scepticism.
 
Yes this is true. However, it would need to be all states implementing it for the importance to raise. Only certain states doing it will still create uncertainty in the minds of many that will lead to their scepticism.
Many that are quite sceptical about crypto development would become interested in cryto currency just because they could feel and see their city promoting crypto , its really the kind of move its taking
 
Many that are quite sceptical about crypto development would become interested in cryto currency just because they could feel and see their city promoting crypto , its really the kind of move its taking
I think that the main convincing point is to see the economic growth of a city or state that is in acceptance of crypto and that will prompt its acceptance much better than any speech or presentation could.
 
That's something quiet interesting.... Track and trace fish using blockchain technology.

I wonder how it works...
There are one of two ways that this can work. Either it is tracked through its supply chain and therefore you can see the fish, or it si tracked by the merchant in order to keep track on inventory in a reliable manner.
 
Well , blockchain is everywhere its right that there is lots of projects but always study them before putting even a penny and watch out from potential low quality projects as well
Blockchain, not as currency has a lot of visibility in supply chain - specially when it comes to the food industry. Unfortunately I never have seen a project leaving poc towards production. I think there are some interesting usecases to increase trust for products and resources within the supply chain participants, eg. manufactures, suppliers, consumers
 

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