This webinar will discuss how blockchain will impact food industry and how the likely food safety and quality inputs to this invoicing system are likely to determine your company’s financial future. Various concepts will be described such as chain of custody, smart contracts, Hyperledger. Know how your company will be impacted and how to Prepare to fulfill input requirements.
Rest assured, blockchain is in your future. And, this trend has NOTHING to do with Bitcoin.
“Block Chain is believed to be the next big technological disruption that would impact multiple industries including food safety and logistics. The nature of the logistics business demands that the LSPs (Logistics Service Providers) coordinate with multiple parties in the ecosystem including Shippers, Consignee, Carriers, Infrastructure Service Providers, Equipment Service Providers for successful movement of goods.” A blockchain for business is a private, permissioned network with known identities and without the need for cryptocurrencies.
Attend this webinar to understand how a basic invoice level blockchain can be used to build an integrated food safety system (IFFS) that requires supply chain players to meet contractual business and food safety requirements in order to establish a financially based chain of custody system.
How Inputs to this new traceability initiative allow for payers to designate and comply with multiple contractual requirements from the farm through transportation, distribution, processing, packing and into customers. Virtually all players are captured.
You will learn how risk levels and probable supply chain failure points can be calculated in the event of recalls, and how fast traceability can be accomplished to put a lid on the expansion of recall impact.
Dr. John Ryan is the president of RyanSystems.com and holds a Ph.D. in research and statistical methods. He has recently retired from his position as the administrator for the Hawaii State Department of Agriculture's Quality Assurance Division where he headed up Hawaii’s commodity inspection, food safety certification and measurement standards service groups. His latest books “Validating Preventive Food Safety and Quality Controls”,”Food Fraud” and “Guide to Food Safety During Transportation: Controls, Standards and Practices, 2nd Edition” are now offered by Amazon and Barnes & Noble. Dr. Ryan’s company (RyanSystems.com) helps to train and consult with companies in need of validating preventive food safety controls. For more than 25 years, he has implemented quality control systems for international corporations in the United States and around the world