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0:00:00 Sicily Legislates For Use of Blockchain For Food Tracking
0:00:04 This update is brought to you by “CoinCheckup News Updates” and was originally published on “BitcoinNews.com”.
0:00:10 Traceability of food products through blockchain is no alien concept.
0:00:15 Sicily took a step ahead and mandated tracking of agro-food through blockchain.
0:00:20 The bill was approved on 25 September 2019 by the Sicilian Regional Assembly, an autonomous entity and the legislative body of Sicily to establish a traceable network for the food products with the help of the right technology.
0:00:33 However, the final version is yet to be published in the Official Journal of the Sicily Region.
0:00:38 The proposal was first put forward by the deputy of the 5 Star Movement, Jose Marano, roughly a year ago.
0:00:45 Per the proposal, blockchain will be implemented as a data guarantee tool to ensure security and agro-food traceability in the DOC, DOP, ICG and IGP supply chain.
0:00:55 The provision being backed by law, will instill confidence in the end-consumers by keeping a track on products from farm-to-table and eliminating counterfeits.
0:01:04 The Sicilian companies will also profit by projecting originality of products which more often than not influences the buyer towards purchase of products.
0:01:12 “Objective achieved.
0:01:14 From today Sicily will be able to trace the products of its land on a blockchain that guarantees transparency and incorruptibility of the data.
0:01:22 Blockchain is being used to transform supply chains like never before.
0:01:27 It has already been established that technologies like DLT have proven to be a win-win proposition for producers as well as consumers.
0:01:35 BitcoinNews.com is committed to unbiased news and upholding journalistic codes of ethics.
0:01:40 For more information please read our Editorial Policy here.
0:01:44 Thanks for watching this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: “BitcoinNews.com”, who originally published this news update on their website.
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