Blockchain Technology in the Food Industry: An Application Experience from Inside the Industry

With the advancement of technology and the widespread adoption of digitalization, societies and businesses are significantly impacted by these developments. Businesses that fail to keep pace with these advancements face challenges in competition. Therefore, it is essential for businesses to continuously evolve by integrating these technological advancements. In recent years, one of the revolutionary technologies that has seen increased usage is blockchain technology, a subset of Web 3.0 technologies. One of the significant application areas of this technology is the food sector. Given the rapid increase in the global population, the importance of food and the food supply chain is becoming increasingly crucial. Consequently, within the scope of this study, an application was developed by integrating an Ethereum-based blockchain network and smart contracts with web technologies. It is believed that this application will prevent waste, increase traceability, enhance transaction speed, and reduce costs by tracking all processes from the producer to the retail store in the food supply chain. Also, it is thought that blockchain technology will play an important role in strategic management by making a significant contribution to the resilience and sustainability goals of businesses through its integration with the food supply chain. This study is expected to serve as a guide for other blockchain-based applications and businesses.