The arrival of online food delivery platforms, bringing greater choice and convenience, has revolutionized the way we purchase and consume food. The capability of ordering food for delivery with a single tap of your mobile phone, whether it be your weekly supply, a meal box or a hot and ready to eat meal is the result of a series of technological and digital innovations that have as yet to run their full course.
There has been a lot of noise on cryptocurrencies and Bitcoin of late. While some suggest cryptocurrencies are a fraud, others believe them to be the next biggest economic revolution the world has seen since the internet. Bitcoin has brought to light blockchain technology, which offers great potential for food safety and verification in the agrifood sector. Yet it is far from being the panacea for a range of issues affecting the industry — at least for now.
Several years ago, there was an explosion of new Food Retail Outlets, like Soup Works, on the high street in London and other major urban centers, offering fresh soup to hungry workers in the city. This trend survived for only a short time. Most of these companies closed their doors and their customers were eventually absorbed into the operations of Retailers like Pret A Manger, EAT and Itsu, to name just a few.