Amplify Insights

Food Safety: Built on Blockchain

Written by Amplify ETFs | Jul 19, 2023 8:35:00 PM

 

Possible Game-Changer for Food Safety

In our previous piece on the metaverse, we presented convincing evidence (and data) showing how blockchain technology made the stratospheric growth projections likely. But investors would be mistaken to dismiss blockchain as merely a way for gamers to (safely) fight each other and purchase silly hats in an alternate digital world. The technology is such a leap forward in transparent, efficient security and record-keeping that there’s no telling what industries won’t ultimately be disrupted. Today, we will examine how we believe blockchain technology will enhance safety in the $8 trillion U.S. retail and food services industry.