The Mexican state of Tamaulipas is backing blockchain usage for the grain supply chain, via GrainChain
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In theory, utilizing GrainChain's software allows for greater transparency in the grain supply chain.Historically, the process for recording grain and its movement through the supply chain has been cumbersome and inefficient, often hosting mistakes along the way. Traditionally, people would need to record data by hand, such as the grain's weight, its condition, etc., Garcia said."Everything was done by hand, and that wasn't very transparent at all," he explained.
"Tamaulipas will be, and is, at the forefront of incorporating new technologies to agriculture and cattle raising in the near and medium-range future," Garcia included.Essentially, GrainChain's software helps to verify the authenticity of the grain, providing clarity on their source, and the data surrounding grain.
Data authenticity is vital in many aspects of business. Macias noted a history of fear regarding data manipulation across numerous sectors. Data manipulation, unfortunately, can sometimes lead to greater profit, via covering up information, lying about product origin or cutting corners for example. These dishonest activities then can make business more difficult for those trying to play honestly by the rules.
Going back to past difficulties once again, Macias said people formerly needed to write down information regarding the incoming grain. Then,"they would take you to an accountant's office, they would enter in that information to excel, they would look for that person's contract, they would apply it to that person's contract," he said."[There are] three points of manual entry," he included, also noting the amount of time it takes to complete those processes.
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