Introduction
Cocoa production faces complex challenges ranging from supply chain transparency to product authenticity and environmental sustainability. In this context, blockchain technology emerges as an innovative solution, offering significant improvements in the traceability, efficiency and trust of the sector. This article explores what blockchain is and how its implementation can revolutionize the cocoa industry.
What is Blockchain?
Blockchain is a distributed ledger technology that allows data to be stored securely, transparently and immutably. It is made up of a chain of blocks, where each block contains a set of cryptographically verified and sealed transactions. Unlike traditional databases, where a central administrator controls the information, in a blockchain all network participants have a complete copy of the record, eliminating the need for intermediaries and reducing the risk of data manipulation.