Aussie sugar producers use blockchain to monitor supply chain
Australia’s government has awarded an A$2.25m ($1.7m) grant to a project that supports the sustainable production of sugar that will use blockchain to monitor the commodity’s growth and distribution.
The Sustainable Sugar Project, led by the Queensland Cane Growers Organization will use the grant to fund an initiative known as the Smart Cane Best Management Practice that aims for better sustainability and traceability in the sugar industry.
Suppliers of sugarcane to Australia will be obliged to participate in the initiative and will have access to the blockchain ledger so buyers in Australia can be instantly aware of the cane’s provenance.
In an interview with Foodnavigator-Asia, a spokesperson for Queensland Cane Growers, said: “Blockchain’s main attribute is that it’s a secure database in which all transactions are recorded and visible – it can simply be thought of as an online record book.
“Each block in the chain represents a transaction and, while it’s encrypted so it can’t be deleted, reversed or edited, it is visible to everyone.”
Agriculture minister David Littleproud said consumers and food manufacturers wanted sustainably-sourced food and want to know where it comes from.
“This technology would provide assurances around the sustainability of our sugar, and ensure cane farmers using sustainable practices can attract a premium price for their product,” he said.