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Blockchain, Technology

Can Blockchain And Machine Learning Indeed Provide A Solution To World Hunger?

According to WHO, anyone who gets less than 1800 calories per day is said to be hungry. Between 2019 and 2022, around 150 million people were added to the already increasing hunger population. Before the millennium, food prices were falling, enormous harvests were recorded worldwide, and high agricultural income was typical. Thereby creating better food security. Almost a quarter into the new century, we are bombarded with conflicts between boundaries, COVID, weather extremes, economic shocks, and more. These problems converged into 10% of the population dreaming of having at least one good meal daily. Can ML and Blockchain help to reduce food insecurities and improve the quality of life? 

What Can Blockchain And ML Do For World Hunger?

The first step towards any solution is finding and predicting a pattern to equip ourselves to fight it better with better resources. In such warfare, ML helps create patterns with digital data and creates learned patterns. On the other hand, Blockchain helps to digitalize physical assets, thereby making it economically possible to nullify food securities. 

Also Read: How is Blockchain Technology Transforming the Hospitality Space?

Tech Applications For Humanitarian Crises

With the above-mentioned pattern learning and asset management, you can find several apps to help with world hunger. However, the reality is quite divergent.

  • Managing Food Waste Vs World Hunger

Several apps aim at reducing food waste than hunger. From an angle, saving food from going into bins and distributing them to those in need sounds like a good plan to nullify world hunger. For instance, the OLIO app helps users to communicate about the presence of left-over food so that people can share it with others. The “Too Good To Go” app allows shops to offer soon-to-be-expired food items at a bargain price. Yes, these apps are doing a lot in better food utilization issues. But, they do not aim to reduce hunger. 

  • Donation Apps

When it comes to apps that focus on world hunger, you have donation apps. For instance, the ShareTheMeal application helps users donate $0.8 so that the organization can buy food and distribute it where there is inadequacy.  

Also Read: A Crypto Scam That Resulted in the Loss of $24,000

Blockchain: Combining the Best of Both Worlds

Now, with the help of ML, you can combine the food waste management app with the donation app. For instance, check out the Nosh app. This app helps users to buy soon-to-be expired food at a bargain price, and a part of this purchase goes to charities. Now, these types of app help to avoid food wastage and reduce hunger effectively.

The Problem In The Food Supply Chain

The food supply chain contains a lot of players or stakeholders. Thus, it becomes a large Narnia of paper trails in food production, usage, wastage, surplus, and more. It is difficult to trace where there is surplus or wastage. For instance, farmers might have no idea where or which warehouses have abundance and the areas where their products have higher demand. Supermarket chains might have zero light on which branches have more food stocked up, eventually going into the trash and the units that could use those surpluses to meet the demands. 

Untangling The Food Supply Chain with Blockchain And ML

If one wishes to lift the veil of this food supply chain, there should be digitalized data using a common standard. Blockchain technology can achieve this commonality as it helps make data traceable and verifiable. Equally, ML helps to understand food consumption patterns to predict surplus or wastage throughout the massive supply chain. Thus, even before there could be a surplus, the data can help redirect those resources to areas where there is a need, thereby nullifying world hunger.

Using Cryptocurrency To Fight World Hunger

When we talk about world hunger, we are speaking beyond geo-political boundaries. Thus, while dealing with cross-borders, we must deal with the changing currencies, which attract rigorous financial loopholes, red-tapes, and whatnots. Wherever money can be a way to deal with world hunger, cryptocurrency can help to eradicate them, and users don’t even need to have an account in any financial institute. Cryptocurrency can be a better market medium for people in Yemen, Sudan, Ethiopia, and more. 

Hurdles Ahead

From the front, it might look like Blockchain and ML have already paved the way for Zero Hunger. However, there are several hurdles to overcome. The first is the government issues related to using cryptocurrencies. Then, when it comes to the supply chain, several entities have a significant stake in control of the chain. So, it is imperative to collaborate with several of these entities to digitalize the entire process. Last, the destigmatization of Blockchain and cryptocurrency is imperative.

Wrapping Up

Although Blockchain, cryptocurrency, and ML can potentially end world hunger, these cannot articulate a formula that can magically end world hunger in a fortnight. We are very far away from making these technologies into reality. However, if we have an open mind in converting these technologies into new normalcy, we can create a better future that can one day make people forget that there were food insecure countries ever.

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