Report: By 2024, blockchain will save $ 31 billion in food industry by curbing fraud

On November 27, a recent report from British research company JuniperResearch revealed that by 2024, the blockchain will track food supply chains through fixed tracking and will save $ 31 billion in solving global food fraud issues. From 2021, food fraud will be significantly reduced, and by 2024, compliance costs will be reduced by 30%.