Blockchain Tech to Revolutionize Food Sector in Italy

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With the world running at a very high speed, it is estimated that by 2030, more than 70% of the existing jobs in Italy will no longer exist. This is a period of digital disruption – where technology including blockchain, internet of things, smart contract, artificial intelligence, and others, is at the center of everything. The change depends on available data and their value.

Since 2017, the blockchain data has been growing exponentially and Italy has managed to produce data which is equivalent to the one collected from all the previous years (2017 and below). In 2018, the market in the country doubled to hit 31 million euros.

Revolutionary Tech

Blockchain is a revolutionary technology and supports transformation, and that is why it is taken to be the heart of a global reform. The tech enables two parties to execute secure, immutable and more transparent activities minus a need for the main certifying body.

The distributed ledger is here to change the face of food industry in Italy, thus, consumers will no longer be wary of food sourcing.

From winemaking companies to hefty retailers, the giant firms and businesses have started applying the technology to launch themselves in the Agrifood market.

The Agrifood firms in Italy which have seriously invested in blockchain tech to do their day-to-day activities include Certified Origins, Volpone Cellars, Coffee Roaster San Domenico, Italian Wine Group, Ez Lab, Rucci Curbastro, Barilla, Ruffino & Torrevento, Carrefour and others.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-revolutionize-food/