PAPLE’s Platform Will Provide Major Benefits to Food Supply Chains

The most important technology PAPLE’s Blockchain Platform will bring to food supply chains is transparency. All stakeholders will know the status of products and can easily see where an error may have occurred. PAPLE can also improve food safety by connecting multiple stakeholders like farmers, processors, retailers, and consumers. Everyone within the network could have access to the transparent and immutable view of the transaction history.
PAPLE’s Blockchain Platform will allow the supplier and the public to securely and transparently track all types of transactions. This would mean every time a product changed hands from a supplier to an individual, or from an individual to another individual, a transaction would be documented. By creating this transaction within the Blockchain a permanent history of each product, from manufacture to sale is completed. If there was an issue with a product it could be immediately tracked back through the supply chain, on the Blockchain, to see if the error was created by a manufacturer, supplier or individual.
The biggest benefits of PAPLE’s Blockchain Platform for the supply chains are recording, tracking, assigning, linking, and sharing. Recording is important to track the transfer of assets such as containers between supply chain nodes. Tracking is essential when it comes to purchase orders, receipts, ensuring all trade-related documents are secure. Assigning is essentially verifying certifications of physical products. Linking places physical goods to actual serial numbers while sharing provides this information securely on the Blockchain for viewing.
Another major benefit of PAPLE incorporating Blockchain technology into the food supply chains is its benefit in helping to overcome fraud. By making their supply chains accessible to the public and easy to understand, food and beverage companies can give 100 percent assurance on the authenticity of the product. Overall, PAPLE will dramatically improve supply chain management by incorporating enhanced transparency, greater scalability, better security, while constantly innovating.
For more information on the PAPLE project visit their website at https://paple.net. You can also join PAPLE’s Telegram page at https://t.me/PAPLE_NET, where team members are available to answer your questions.
Debra McCann
