By Tom Mastrobuoni, Tyson Ventures Chief Financial Officer
Blockchain is all the buzz these days. Sectors across finance, healthcare, media, government, and food, in the U.S. and around the world, are looking at how they can leverage blockchain for everything from medical record security to financial transactions and more. Blockchain is said to be the great democratizer and equalizer. Some liken it to the emergence of the internet where it can open seemingly infinite possibilities for change and improvement.
In the food industry, blockchain is just getting started, where its potential to transform our industry is significant.
As the world’s population continues to grow at a rapid pace, so must our ability to feed it. To meet this need, companies are seeking new ways to enhance and expand their capabilities to safely produce and distribute food across the globe, making the journey from farm to table more complex than it once was. Although rare, food safety and security concerns do arise, and when they do, time is of the essence as public health and lives are at stake, not to mention the livelihoods of industries, companies, and employees. Because of this, food traceability has become increasingly important.
If you ask most people what they think of blockchain applications or cryptocurrency, the response is usually a blank stare of utter bafflement. Well, this week on Sea Change Radio, we are going to try to make some sense of this arcane concept because our guest today, Paul Gambill, has devised a carbon dioxide removal marketplace which incorporates blockchain applications.
Blockchain is an emerging and transformative technical standard for distributed ledgers, which has the potential to streamline transactions. Join us to learn about how blockchain can interact with new and existing renewable energy markets.
At the end of this month, on January 30th, the Erb Institute will host Stangis as part of our C-Suite Speaker Series, for a discussion on technology, consumer products and the future of sustainability. Established companies are leveraging new technologies to achieve both social and shareholder value.
A year-end look at the best podcasts from Longitudes
We fully embraced the podcasting craze in 2017, launching Longitudes Radio in October. The mission? To bring more conversations about where the world is heading straight to you.
In our inaugural season, we explored how UPS is building the Network of the Future, talked about the qualities of an effective public speaker and predicted what blockchain means for international commerce as we know it.
Answering the call for increasing energy self-reliance, a grassroots electricity-sharing model is emerging. “Community microgrids,” comprising community-owned or subscribed solar PV and other renewable energy sources, offer participants and surrounding consumers the security of energy resilience in times of grid failure and protection from energy price increases driven by volatile energy markets. They also give energy producers/consumers (aka “prosumers”) more control over the renewable energy they generate.