Tokenize the Food: A Permission Less NFT Information System

Abstract

Jules Repusseau

Collecting and utilizing food data across the life cycle is difficult and expensive because of their movement across the multiple stakeholders on the agrifood supply chain.

Interestingly, product-centric approaches that present effective solutions to analyze product lifecycle have been problematic to deploy across multiple industries.

Blockchain has been adopted in the food system and traceability and brings many advantages for provenance, compliance, authenticity, and quality. However, most of the applications are permission and mostly for the benefit of a private owner or consortium. Accumulated data therefore cannot be reused by all stakeholders and no common data model can be built. This lack of cooperation impacts farmers, where data governance can be a direct source of income and social benefits and researchers cannot reuse and improve food security models, study sustainability, or carbon emission without relying on private companies. Food security is a public good and our proposal introduces a permission-less food product-centered approach based on NFT to protect public information and farmer’s stability.

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