Poland’s Food Supply Chain Set to Improve with Bitcoin SV

Bitcoin has always meant to be about traceability, not just of money, but of all things, writes Larry Baker at CoinGeek. Thanks to a collaboration between Poland’s National Agricultural Support Center [KOWR] and nChain, the Bitcoin SV (BSV) blockchain will be used to ensure efficient circulation of information under a food passporting project.

KOWR has been working on a food passporting project, aimed at promoting Poland’s agricultural production, and in support of sustainable development. To do so, they recognized that blockchain technology was the way to ensure information efficiently flowed throughout the supply chain, and BSV was the blockchain to do it.

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To work on the BSV blockchain, Deputy Director General Wojciech Kędzi signed a confidentiality agreement on behalf of KOWR with nChain. Together, the two groups will work on a system that will provide farmers with credibility for their products, and an overall increase in profitability. Consumers will have a verifiable history of how food was produced, allowing higher quality goods to achieve a higher market price than those of questionable sources.

Continue reading at CoinGeek.

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