WATT PoultryUSA - January 2018 - 45
A blockchain is a continuously growing list
of records which are linked and secured. The
purpose of the technology is to serve as an
open, distributed ledger recording transactions made between multiple parties. Once
data is recorded in the blockchain, it cannot
Information about turkeys and farmers is collected
and stored in the blockchain for consumers to
be altered without the alteration of all of the
to create secure records. Socha said the technology is
rapidly being adopted across many industries requiring
"All participants inside the blockchain network must
agree before a new record is added to a ledger, reducing
fraud or human error," Socha said in an email. "The data
within the network is encrypted to ensure security, authentication and integrity of the transactions."
Using a blockchain-based solution, Cargill created a
digital supply chain. The system is cloud-based, allowing
multiple parties to enter key events - like turkey placement on the farm and processing - into the blockchain.
This creates a digital trail of the real-world supply chain.
Information about the turkeys and the farmers is collected
and stored in the blockchain so consumers can access the
information about the specific birds online.
Cargill is using the traceable turkey pilot as an opportunity to learn more about how blockchain works and
Because of their features, blockchains
other records or the approval of a majority
of the parties involved in the ledger.
are useful for the recording of events and
management of records. Most famously,
blockchain technology is used as a core
component of Bitcoin.
The famously volatile
cryptocurrency uses a
a-image | iStockPhoto.com
blockchain to prevent
each bitcoin from being
spent more than once.
It's become the inspiration for numerous other
how it can be used elsewhere. Socha said Cargill plans to
continue to invest in understanding blockchain and its applications. ■
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