Blockchain: the vaccine against future disruption in the seafood industry
• COVID-19 has grounded fishing fleets, halted processing plants and closed access to seafood markets.
• Seafood businesses with local sourcing and an online presence seem to have most resilience.
• Blockchain's ability to make supply chains more transparent and efficient could insure against such disruption.
The COVID-19 crisis has laid bare some of the challenges and inadequacies of the global seafood supply chain. The widespread pandemic has resulted in unprecedented disruption across the industry, with entire fleets tying up, seafood businesses shuttering their doors, and product stranded across the globe.
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