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Although not present in a budget, the brand of a company is perhaps its most precious resource. When a customer buys a favorite brand, it does not matter if the product is manufactured behind the corner or in the world – they know what to expect, every time. Successful producers know this and understand that it is not only the quality of the raw materials that make up their product, but also the reliability of their supply chain.
And the supply chain is becoming increasingly complex. With the rise of globalization, manufacturers already struggle to manage work with suppliers in different time zones, speaking different languages and managing different global regulations. As manufacturers increasingly rely on digitalisation and automation, we are sure to see the combination of blockchains and smart contracts that play a significant role in protecting trade secrets and ensuring quality and consistency in the industry. whole ecosystem.
Blockchain is the technology that supports digital currency like Bitcoin and allows to distribute digital information but not to copy it. Smart contracts are self-executable contracts & nbsp; where the terms of the agreement between the buyer and the seller are written directly in lines of code. This article will highlight the selected characteristics of both blockchains and smart contracts and how they could work in a food production environment to protect trade secrets, brand attributes and ensure quality during production.
A bar is born
It does not matter if you buy your favorite candy bar (let's call it JubilationBar) in a cinema or grocery store; It tastes amazing. Sure, you could try making one at home. It can not be too difficult – the ingredients are right there on the label.
But it's not that easy. That's why it's a trade secret.
There's so much more in this candy bar than just raw materials: the quality and quantity of ingredients, the order in which they are combined, the temperatures for the various steps, the cooling processes – you get the # 39; image. Refining the Jubilation Bar recipe required a lot of trial and error. And that was just to create a bar. Ensuring that it is consistently produced in co-production environments around the world is complicated. It is also essential for the future of the company. If a Jubilation Bar is not exactly right, the manufacturer does not want his label on it. They spent a lot of money building that brand – it's a promise of quality and consistency (and, well, jubilation).
Blockchain and smart contracts can help.
Green sugar?
We add to the image that much of the brand promised by JubilationBar revolves around being attentive to the environment – their customers love it. To maintain the company's promise, the company's corporate responsibility office worked in tandem with the supply chain SVP and the chief revenue officer to ensure that the production of sugar that enters each bar is ecologically harvested. and that wetlands are protected. In order to ensure that best practices are met, they have partnered with Wetlands International and purchased credits for wetlands to offset the negative effects of each crop. These credits are purchased on a wetland credit market built on the blockchain. Thanks to the reliable and transparent distributed blockchain register, it is possible to add to the market the certified credits of the wet areas in which they are subsequently purchased, assigned and withdrawn. The JubilationBar promise of corporate environmental management is maintained and the supply chain's ecology is supported for continued growth.
Secret sauce
"It must be nougat." The fans of JubilationBar have tried to recreate the magic of the nougat of bars in kitchens around the world, but without success. This is because the secret of JubiliationBar & # 39; s nougat is the precise blend of almonds, egg white, toasted vanilla seeds, cardamom and orange peel. To keep their trade secret secret, all sellers are based on the need to know. Every job on their part without knowledge of the others involved. Since multiple suppliers are used, delivery times are crucial, as the ingredients must be fresh at every stage of the process. That's why every shipment is tracked and monitored in real time on a blockchain built to coordinate deliveries to arrive at the same time. The shipping manifest data start the chain on each leg of the journey. The GPS of each truck is recorded at regular intervals and the proof of delivery is recorded on an immutable log. Once written, the data can not be edited. If a supplier is late, a verifiable record is available.
Roasted
Every grain that enters a JubilationBar is roasted to perfection. The key word is perfection. To obtain that famous taste all over the world, it is necessary to roast 30 kg of beans at 175 °; C for 8 minutes and 23 seconds. The beans must then be immediately cooled on a basin and cooled with a fan strong enough to bring the beans to 23 °; C in not less than 7 minutes.
The Jubilation team wrote a code for an intelligent contract that tracks the process (time, temperature, weight) to ensure uniformity regardless of the rotisserie position. The roasting process for a JubilationBar is allowed only when the agreed predetermined parameters have been reached. Each of the key points is written on the blockchain directly from the roaster's USB interface. If the specifications are not met, the offending lot is discarded (and used for other purposes). This creative use of smart contracts ensures that the seller is only paid for the perfect roast.
Search for friction points
The best predictor of where the new technology will be deployed is where there is friction. Wherever time is wasted, energy is wasted and resources are ruined, it is ripe for innovative breaks. The best technology does not simply make products faster or more efficient, but it also makes the best products for consumers, for the producer and for the planet. Blockchain and smart contract introduce another wave of innovation that brings long-term potential to formula-based products.
Do I qualify?
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Although not present in a budget, the brand of a company is perhaps its most precious resource. When a customer buys a favorite brand, it does not matter if the product is manufactured behind the corner or in the world – they know what to expect, every time. Successful producers know this and understand that it is not only the quality of the raw materials that make up their product, but also the reliability of their supply chain.
And the supply chain is becoming increasingly complex. With the rise of globalization, manufacturers already struggle to manage work with suppliers in different time zones, speaking different languages and managing different global regulations. As manufacturers increasingly rely on digitalisation and automation, we are sure to see the combination of blockchains and smart contracts that play a significant role in protecting trade secrets and ensuring quality and consistency in the industry. whole ecosystem.
Blockchain is the technology that supports digital currency like Bitcoin and allows to distribute digital information but not to copy it. Smart contracts are self-executed contracts where the terms of the agreement between buyer and seller are written directly in lines of code. This article will highlight the selected characteristics of both blockchains and smart contracts and how they could work in a food production environment to protect trade secrets, brand attributes and ensure quality during production.
A bar is born
It does not matter if you buy your favorite candy bar (let's call it JubilationBar) in a cinema or grocery store; It tastes amazing. Sure, you could try making one at home. It can not be too difficult – the ingredients are right there on the label.
But it's not that easy. That's why it's a trade secret.
There's so much more in this candy bar than just raw materials: the quality and quantity of ingredients, the order in which they are combined, the temperatures for the various steps, the cooling processes – you get the # 39; image. Refining the Jubilation Bar recipe required a lot of trial and error. And that was just to create a bar. Ensuring that it is consistently produced in co-production environments around the world is complicated. It is also essential for the future of the company. If a Jubilation Bar is not exactly right, the manufacturer does not want his label on it. They spent a lot of money building that brand – it's a promise of quality and consistency (and, well, jubilation).
Blockchain and smart contracts can help.
Green sugar?
We add to the image that much of the brand promised by JubilationBar revolves around being attentive to the environment – their customers love it. To maintain the company's promise, the company's corporate responsibility office worked in tandem with the supply chain SVP and the chief revenue officer to ensure that the production of sugar that enters each bar is ecologically harvested. and that wetlands are protected. In order to ensure that best practices are met, they have partnered with Wetlands International and purchased credits for wetlands to offset the negative effects of each crop. These credits are purchased on a wetland credit market built on the blockchain. Thanks to the reliable and transparent distributed blockchain register, it is possible to add to the market the certified credits of the wet areas in which they are subsequently purchased, assigned and withdrawn. The JubilationBar promise of corporate environmental management is maintained and the supply chain's ecology is supported for continued growth.
Secret sauce
"Dev 'be nougat." The fans of JubilationBar have tried to recreate the magic of the nougat of bars in kitchens around the world, but without success. This is because the secret of JubiliationBar & # 39; s nougat is the precise blend of almonds, egg white, toasted vanilla seeds, cardamom and orange peel. To keep their trade secret secret, all sellers are based on the need to know. Every job on their part without knowledge of the others involved. Since multiple suppliers are used, delivery times are crucial, as the ingredients must be fresh at every stage of the process. That's why every shipment is tracked and monitored in real time on a blockchain built to coordinate deliveries to arrive at the same time. The shipping manifest data start the chain on each leg of the journey. The GPS of each truck is recorded at regular intervals and the proof of delivery is recorded on an immutable log. Once written, the data can not be edited. If a supplier is late, a verifiable record is available.
Roasted
Every grain that enters a JubilationBar is roasted to perfection. The key word is perfection. To obtain that famous taste all over the world, it is necessary to roast 30 kg of beans at 175 ° C for 8 minutes and 23 seconds. The beans must then be immediately cooled on a basin and cooled with a fan strong enough to bring the beans to 23 ° C in not less than 7 minutes.
The Jubilation team wrote a code for an intelligent contract that tracks the process (time, temperature, weight) to ensure uniformity regardless of the rotisserie position. The roasting process for a JubilationBar is allowed only when the agreed predetermined parameters have been reached. Each of the key points is written on the blockchain directly from the roaster's USB interface. If the specifications are not met, the offending lot is discarded (and used for other purposes). This creative use of smart contracts ensures that the seller is only paid for the perfect roast.
Search for friction points
The best predictor of where the new technology will be deployed is where there is friction. Wherever time is wasted, energy is wasted and resources are ruined, it is ripe for innovative breaks. The best technology does not simply make products faster or more efficient, but it also makes the best products for consumers, for the producer and for the planet. Blockchain and smart contract introduce another wave of innovation that brings long-term potential to formula-based products.
