Foodtech Blockchain Software Development

Reasons why Blockchain-powered Foodtech is a Powerful Investment

The foodtech industry is one of the most promising industries in the world. It is a $1 trillion industry that has been growing at a rate of 6% annually. The foodtech industry is also one of the fastest-growing industries in the world, with an average growth rate of 10%

Blockchain technology can be used to track the supply chain, from farm to table, and provide transparency in the process. It can also be used to create smart contracts that will allow farmers and distributors to sell their products directly to consumers without going through intermediaries.

Blockchain integrated with cutting-edge technologies (e.g. IoT) has a huge potential in the food industry, so it would be wise to keep your eyes peeled for opportunities to harness that potential.

How blockchain technology can help your Foodtech business

Thanks to blockchain, it is possible to simplify any transactions which regulate relations within the supply chain and make them independent of human intervention.

Smart AgriFood Observatory say they have created a map of traceability-focused technological solutions, and 43% of the 44 mapped solutions available in Italy were enabled by blockchain technologies, an increase of 111%. More specifically, we’re seeing high levels of IoT being used in collaborations with blockchain.

Blockchain is being used more and more across a number of industries and can make product recalls much quicker. One place where blockchain is being increasingly successful is in food safety. If a company has to recall products, it can be difficult to track the batch numbers but with blockchain you know exactly who has bought it.

Full Ebook

Foodtech Blockchain Software Development Steps

Empathizing

  • Defining and understanding the participants and roles in the product being created – in the development process and in the target solution
  • Defining and understanding the end user

Problem definition

  • Defining the problem that exists in the market for a given user profile
  • Frame your problem statement according to specific users

Ideation

  • User story mapping. Defining the Product Backlog (scope of work) with the help of User Stories describing the processes
  • Sketches (low fidelity) presenting the user flow in the application
  • Definition of processes interacting with other modules

Building prototypes

  • High fidelity wireframes visualizing the graphical interface
  • Extending mockups with a clickable prototype
  • Database structure. Database model describing table and field structure

Foodtech Blockchain Software Development Services

Internet of Things in Foodtech

The IoT will play a pivotal role in the future of education. It will not only provide educational institutions with the ability to adopt AI and data-driven methods for personalizing and improving learning, but also empower learners with personalized and flexible learning options.

The Internet of Things is already a significant contributor to the Medtech industry. It helps create more personalized and interactive learning experiences. IoT-enabled EdTech tools can connect to various data sources and provide students with a more immersive learning experience.

Third-party Integrations

The integration between different software is happening more and more. Third-party integrations are a great way to make things more efficient for software producers as it allows them to customize their product with features from other providers.

A third-party integration is a way to connect your software with other software. A common use for this is to allow the user of the first software to access data from the second software. This can be done by connecting their databases or applications.

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Coders Lab

With the greatest pleasure and full responsibility, we recommend GMI as a professional contractor for web applications and CMS systems. We chose GMI primarily because they approached our inquiry very professionally. Very fluent contact at an early stage of talks announced that the implementation would be equally efficient and it actually was.

If there is an opportunity in the future to jointly implement another project, we will definitely use the services of GMI again.

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Multikurs

We highly recommend using the programming services and long-term cooperation with the GMI Group, which provides the company Języki Online with comprehensive support for the multikurs.pl e-learning platform along with a dedicated CMS system, including development work as well as optimization of existing functions.

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Q2 Smart Lockers

I have worked with the GMI Group on many projects over the last 4 years. I have always been satisfied with the quality of the commissioned works, which were made by Mikołaj Lehman and his entire programming team.

GMI has unique skills to translate ideas into reality. They are very efficient, discreet and, above all, trustworthy.

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List of tools that we use for Foodtech blockchain software development

Technologies we use

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