Legal Aspects of Blockchain-Driven International Trade Traceability in Sustainable Food Chains |
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Author:
| Del Valle, Iván |
ISBN: | 979-8-3772-2716-8 |
Publication Date: | Feb 2023 |
Publisher: | Independently Published
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Book Format: | Paperback |
List Price: | USD $44.50 |
Book Description:
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In the food supply chain, there are multiple stakeholders that act as key trading participants such as farmers, production factories, distributors, retailers and consumers. These traders prefer to selectively provide the food information that is beneficial to them in the trading process for making a high profit. "Information asymmetry" between stakeholders is one of the major factors that lead to food fraud. As with any hard-to-regulate field, regulators can hardly collect reliable and...
More DescriptionIn the food supply chain, there are multiple stakeholders that act as key trading participants such as farmers, production factories, distributors, retailers and consumers. These traders prefer to selectively provide the food information that is beneficial to them in the trading process for making a high profit. "Information asymmetry" between stakeholders is one of the major factors that lead to food fraud. As with any hard-to-regulate field, regulators can hardly collect reliable and authentic information to implement supervision because of the unreliable information providers in the supply chain. Some current research has shown that applying blockchain can help ensure a fair ecosystem.
This book explores the legal aspects of blockchain-driven international trade traceability in sustainable food chains. The food industry is facing increasing pressure to improve traceability and transparency in order to ensure food safety and combat fraud. Blockchain technology has the potential to revolutionize the way food is traced, by providing a secure, tamper-proof, and decentralized system for recording and tracking food products. However, the legal framework for blockchain-based food traceability is still evolving and there are many gaps in our understanding of how this technology can be used in practice.
The research aims to address these gaps by analyzing the legal implications of using blockchain technology for food traceability. It will also explore the regulatory challenges of implementing blockchain-based systems in different jurisdictions and the potential for blockchain technology to facilitate compliance with international food safety standards. The study will be conducted through a combination of legal research, case studies, and interviews with industry experts. The findings will be used to develop recommendations for policymakers, regulators, and industry stakeholders on how to best harness the potential of blockchain technology for sustainable food chains.
This work does not include a technical examination of the design, development, or deployment of a blockchain-based tracking and trace system for sustainable foods. The scope of the research is limited to the legal considerations and does not encompass the technical aspects of blockchain technology.
This book is not intended to provide legal advice or opinions and should not be relied upon as such. It is recommended that those who are considering implementing a blockchain-based tracking and trace system for sustainable foods seek the advice of a qualified lawyer to ensure that their system complies with all relevant laws and regulations.