New York – The livestock industry includes all operations involved in the breeding of land or aquatic animals and birds for human consumption. The primary focus of this report is to study the applications and impact of blockchain on the global livestock industry.

This report captures the current trends in the industry, the drivers and restraints for implementing blockchain in the livestock industry, and key players that can support implementing blockchain along the livestock value chain.

Blockchain can impact the whole prairie-to-plate livestock value chain:

  • Improves efficiency and recording keeping at farms
    Makes livestock payments and insurance claims more secure and faster
    Improves food supply chain traceability
    Ensures food quality by securing certificates and quality information
    Helps customers see the necessary food information easily
    Democratizes the livestock market based on analysis, supply chain traceability, certifications, and the ability to scan and know food information are the most impactful blockchain applications.

Source: ReportLinker