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How blockchain technology is helping to fight fraud in food industry

Blockchain systems are secure, but their data - like other databases - are only as accurate as what is entered

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<a href="http://www.shutterstock.com/pic-145996466/stock-photo-beef-steak.html" target="_blank">Image</a> via Shutterstock

Nir Kshetri | The Conversation
When a Chinese consumer buys a package labeled “Australian beef,” there’s only a 50-50 chance the meat inside is, in fact, Australian beef. It could just as easily contain rat, dog, horse or camel meat – or


mixture of them all. It’s gross and dangerous, but also costly.

Fraud in the global food industry is a multi-billion-dollar problem that has lingered for years, duping consumers and even making them ill. Food manufacturers around the world are concerned – as many as