July/August 2019 - 8

COVER STORY
UNITED FRESH
 Fox Solutions' Pouch Bagger, left, and Natures Technologies' Food Freshness Card won innovation awards. Right, Raw Wraps' vegetable wraps.
Dyenson broke down a few key areas
of blockchain and how they work.
Privacy. While some companies would
be understandably weary of allowing
outside people access to company data,
blockchain is designed to be permissionbased
so that other companies can only
see data they have been approved to
see. " Everything is permission-based,
everything is secure for privacy, "
Dyenson said. " Everything uploaded
to the blockchain is encrypted. "
Shared ledger technology. All
approved users within the supply chain
can see the same documentation. If there
are variations among users, for example
Dole and Walmart, it will notify the users
of the discrepancies. " It allows everyone
to see the same records at the same
time. That's important, because when
you and your customer are looking at
two different documents thinking you're
looking at the same one, it's a problem. "
Smart contracts. " With smart
contracts, as soon information is
uploaded to the blockchain, the
blockchain says 'yep, it meets all the
criteria,' and automatically releases the
PO. " In addition, smart contracts can
monitor various stipulations throughout
the supply process and alert users if there
is a problem - for example, temperature
control during storage or shipping.
Data can uploaded in various
ways based on company preference,
including manually or through existing
spreadsheets or main frames. Dyenson
said that flexibility was attractive for
Dole, adding that it allows companies
of all sizes the ability to be part of the
blockchain. " Not all companies have a
huge IT department, " she said.
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July/August 2019

Table of Contents for the Digital Edition of July/August 2019

July/August 2019 - 1
July/August 2019 - 2
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https://www.nxtbook.com/greatamericanmediaservices/PRO/september-october-2023
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https://www.nxtbook.com/greatamericanmediaservices/PRO/2022-digital-buyers-guide
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https://www.nxtbook.com/greatamericanmediaservices/PRO/november-december-2020
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https://www.nxtbook.com/greatamericanmediaservices/PRO/november-december-2019
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