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As a catalyst for accelerating socio-economic growth around the world through our trading, mining and engineering work, we try to bring significant improvements to the quality of life of the communities that we work with. Besides road infrastructure or education, we are also focused on helping our clients use our most efficient services to provide communities with vital food resources needed for survival.

Along with an impressive number of useful applications in dozens of fields, the Internet of Things along with the Blockchain technology could also contribute to putting a stop to world hunger. Or, at least, this is what a fresh report issued by Cointelegraph Consulting together with VeChain claims. According to the report, the blockchain technology can be used to trace food worth more than 300 billion dollars by the year 2027. The Internet of Things and smart contracts can also play a crucial role here and since we specialize in offering practical help and consulting services in these departments, we feel like it would be interesting to share more on the topic.

The Blockchain Technology Could Save The Worldwide Food Industry More Than $100 Billion A Year

Without a doubt, world hunger is one of the most burning problems the planet is confronted with right now, besides the coronavirus pandemic that has shut down world economies and its devastating effects that are expected to come. Experts are talking about an international hunger crisis after the pandemic, and many people are already starting to experience the repercussions of losing their jobs. Millions of Americans are already making use of food banks like Feeding America and their numbers only seem to be rising by the day. Without a doubt, there is an imperative need for fast solutions and the technology that is already successfully used in the world of casinos online for players passionate about poker or blackjack https://www.truebluecasinos.org/blackjack using Bitcoin and other cryptocurrencies could be a game-changer when it comes to putting an end to world hunger during and after the pandemic.

Experts speak about the fact that these combined technologies are projected to save the industry $100 billion a year, with the total of $300 billion worth of food expected to be traced along the supply chain using a series of different methods for the upcoming seven years.

Internet Of Things Sensors Used For Sending Information

Temperature sensors used by the Internet of Things IoT when manipulating and transporting frozen food items can be useful for sending precise details on the respective foods to a blockchain-based network. This way, they can offer stakeholders an accurate supply chain overview. The information can be further used to make sure the food is fresh, genuine and of good quality. According to the previously mentioned report, the mix of technologies can save the worldwide food industry billions.

The same mix of IoT temperature sensors and other blockchain applications could also generate around $47 billion or more in terms of extra revenues. It is also likely to see a significant drop in the size of the losses caused by the risks connected to food manipulation and transportation safety. Platforms that can trace food items at a global level with the help of the blockchain technology will bring numerous advantages in the long term that the industry can no longer ignore. Important changes must be brought to the overall food industry business model which has been deemed to lack sufficient transparency over the years. Plus, the fact that very few industry specialists take accountability is also costing billions of dollars on a yearly basis. For example, more than 20 percent of the wine sales at an international level are counterfeit and this is costing the industry 6 billion dollars. For many years, people have been facing the challenges incurred by improper food safety practices and the existence of counterfeit products that are cheaper and less desirable but also available at a faster pace is making things more difficult.

Smart contracts that are already in use in various industries and fields such as real estate, gambling, voting and interactions between computers can also assist us with creating databases of personal data that can be stored while using secured access solutions for the food industry.

However, these smart contracts still require a lot of work as the risk of fraud and system bugs could prevent smooth processes. The fact that smart contracts cannot be changed after an action has been taken could also be an impediment in putting them to use in the near future.

Ever wondered what the green revolution would look like? Well, you needn’t wonder any longer, as it’s here and unfolding right before our eyes. Everyone imagined the world completely different from what it used to be 50 years ago, and maybe it is, but sometimes it’s hard to tell.

We have more comfort in our homes and perhaps more than one way to document our lives, but all in all, we are still the same species, still trying to get on. Yet, rising temperatures have made all of us aware that we need to really change up our act.

Forest fires in Siberia, melting ice caps, those are just some of the dangers we face today. While many companies have looked at anything “green” suspicion until a few years ago, this is changing. Going green has meaningful and long-term ramifications for your bottom line and that is great and welcome news.

How Does Going Green Mean to a Better Bottom Line?

Now, even petrol companies, long blamed for all the excessive emissions in the world, have realized that the world is headed for a time and place where having good net worth might not do you much good if natural disaster continues to trickle in and disrupt daily lives.

Therefore, the green revolution has begun and it has begun in full. People are foregoing certain types of foods, excising them from their diets, and replacing them with locally sourced and produced goods.

Healthy lifestyles are created to adjust to local needs, and businesses are fully changing their act. Everyone, from a dairy farmer to the casino industry is trying to change and adapt. Casinos have gone green, creating buildings that emit zero carbon.

Others, such as Internet casinos, have decided to operate outside of big corporate offices altogether instead. If you are wondering where to find those great green casinos, you should drop by True North Casinos.

Going green doesn’t mean foregoing everything that is tangible, of course, but it does mean having a fair amount of focus on what’s important. Changes need to be done now and quickly to make sure that our climate stays tamed to human life, and this may not happen soon enough.

But to revert to the original statement, a green revolution would be best for your bottom line in more than one way. You see, building green and for a sustainable future could mean that you are going to lose something in the short-term, but certainly, gain a lot more in the long-term. Those gains include but aren’t limited to:

• Sustainability
• Reduced costs
• Government grants
• Ability to adapt to market crises
• Appealing to new audiences

Adaptability’s Key to the Green Evolution

Many people think that adapting to a greener lifestyle is overwhelming, disruptive, and impossible to pull off. Well, everyone can do it. Employees can cycle to work, while those who have kids could just use public transport.

Un-clogging city centers are important. Companies could allow more people to work from home and insist on office builders to only create zero-emission buildings. This has already started, especially in places like Hong Kong and Singapore where the sudden tantrums of the weather could definitely be felt in full.

Of course, unless the world sees an existential threat that can be touched and felt, fewer people are inclined to act. That’s why politics will have to balance between the political capital and what’s right for the course of our species.

Going green certainly is one of those platforms that doesn’t really strike as important in some regions, but once it comes to be important, we might be too late.

You Can Make a Difference Today

Whether it’s the workplace or at home, you can go green and be part of the revolution. People can alter their habits in new and brave ways to make sure that everything they do is well-aligned with the needs of our species.  Of course, the word “species” does strike as a little strange, because we are mostly used to thinking about nationalities. Nationalities or otherwise, though, we do share a home and while there are still divisions, we all want the same thing.

Going green is a smart choice to make. It’s not difficult to balance either with all the problems the world is facing. However, even if things do seem scary today, there is good news, too. We live in the best time to be alive in human history.  Medicine has advanced so much that we can enjoy full, if not entirely healthy lives, and we can at least witness the beginning of the wonders that will be part of this century.