Adapting to landmark labeling laws in the food industry through blockchain and the Internet of Things

The US food industry is currently undergoing regulatory changes in reference to labelling requirements. The move has led to several food companies struggling with the multifaceted process of modifying product information and messaging on their labels. The US food industry is currently undergoing regulatory changes in reference to labeling requirements. The move has led to several food companies struggling with the multifaceted process of modifying product information and messaging on their labels.

At the moment, the process is complex due to many factors. Moreover, there are issues related to the volume of labels requiring change and coordinating the various incremental changes that have already been made, while also simultaneously managing costs and profitability.

In today’s increasingly digitized world, blockchain and the Internet of Things (IoT)-based technologies can provide the food industry with opportunities to create and drive business value through traceability, driven by a connected supply chain, authenticity, targeted recall, and improving customer experience. While these technologies can be applied in the food industry in numerous ways, one potential application is to help food companies in the complex process of transitioning to the new labeling requirements.