Today it was
reported that KT (formerly Korea Telecom) plans to develop a global traceability blockchain for halal food. The firm claims that the system will streamline authenticating halal products, which must be produced following Islamic law.
The telecommunications firm will join forces with B-square Lab and the Korea Muslim Federation, with plans to involve international halal verification groups. Currently, halal food is certified with logos on packaging or documentation. But these methods are
susceptible to fraud since it is often more expensive to produce food in line with Islamic principles.
With 1.9 billion halal food consumers globally and a market worth $3.64 trillion, according to the Federation, there is a call for more reliable ways to certify food origin.
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