Tuesday, 22 October 2019

Blockchain’s Shocking Impact on the Restaurant Supply Industry

Blockchain has already changed many markets, and there are many good reasons to believe that we’re only seeing the tip of the iceberg too. We’re already seeing the impacts of the technology in various sectors, including some that came as a bit of a surprise. Not many expected that blockchain would have such a noticeable impact on the restaurant supply chain industry, for example, yet here we are. It’s one of the most active adopters of the new technology, and it looks like this will continue in the near future too.

Exploring New Fields

Blockchain has a lot to offer to an industry like this. Problems with verifying long transaction chains are nothing new under the sun when dealing with the supply industry, and restaurants seem particularly susceptible to that for some reason. Blockchain has allowed many companies in the sector to reconcile the differences in their accounting and tracking and has created a much more comfortable environment for everyone involved.

Adapting to Current Trends

At the same time, it’s important to adapt the implementation of this technology to the way certain current trends in the market operate. There are many legacy systems and parts of the overall system which are still heavily in use but ...


Read More on Datafloq

No comments:

Post a Comment