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Food suppliers in the U.S. must comply with U.S. Food and Drug Administration (FDA) Foreign Supplier Verification Program regulatory requirements before they can ship their products to market. Regulatory compliance is a high-focus area in which developers are looking to build applications that automate and standardize processes used to enforce and execute compliance. Blockchain presents an opportunity to do just that. For this use case, imagine that a supplier is transferring the food products to an importer who verifies that the supplier, country, and food type all match the correct identifiers. At the port of entry, the supplier is again checked against a list of known suppliers in a database (managed by the regulator). If the supplier is of type exempt, then the products are transferred to the retailer. If the supplier is non-exempt, the products are checked against a list of known food products in a database (managed by the regulator). If the food is an exempt product, then it is transferred to the retailer. If the food is non-exempt, the importer must conduct the hazard analysis (either independently or by using a third party). The supplier provides the hazard analysis report to the regulator. The regulator reviews compliance and transfers the products to the retailer. This pattern captures the regulatory compliance logic for the FDA Foreign Supplier Verification Program in a smart contract that’s deployed on a business network. (code and implementation https://github.com/IBM/PublicRegulationFabric-Food-IBPV20)
Supply Chain Use Cases
(source blockchaintecnologies.com https://www.blockchaintechnologies.com/applications/supply-chain/)
Provenance Tracking
It is difficult for big companies to keep track of every record, especially when it is a multi-national operation. This demeans every aspect of the company’s reliability and reputation. Blockchain-based solutions for provenance tracking makes it easy to access product information on demand using embedded sensors and RFID tags. The product can be tracked all the way back to its origins and traced from every point on the chain.
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Research Topics source http://faculty.washington.edu/jscholl/hicss50/supply-chain.phpUse Cases https://www.blockchaintechnologies.com/applications/supply-chain/