© Kitchner Bain
Australia’s seafood, beef, olive oil, vitamins, and, yes, even its wine, is increasingly being targeted by counterfeiters in instances of food fraud threatening the country’s reputation as a high-quality exporter. But, according to 9News, blockchain technology is being utilised to combat the threat. A Sydney-based “crack team” is using hard-to-detect nano-tagging to help distinguish the knock-off goods in a supply chain with more than 100 entry points for fraudsters. The report notes that not only does food fraud tarnish the country’s exports – replacing prime steaks with cheap cuts of meat or extra virgin olive oil with sunflower oil – it also puts consumers’ health at risk.
