WORKING LIFE

Blockchain tracks food all the way from farm to table

The secure ledgers of the cryptocurrencies are ideal for many start-ups, Josephine Moulds writes
Arc-net’s ledger keeps a record of everything from veterinary issues to movement between farms
Arc-net’s ledger keeps a record of everything from veterinary issues to movement between farms
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The career move from butcher to blockchain entrepreneur might sound an unlikely one, but Kieran Kelly’s experience in both fields is proving extremely valuable in his current business.

Arc-net uses the technology that powers bitcoin and other cryptocurrencies to build a trustworthy record of an animal’s life all the way from farm to supermarket shelf. He is one of the many entrepreneurs building a business around the supposedly incorruptible blockchain technology that is inspiring start-ups far beyond the bounds of the virtual currencies that have been grabbing the headlines in recent months.

Initially designed to enable bitcoin, a blockchain is a digital ledger hosted across a network of computers that can mutually verify transactions. Since no one custodian owns the data, it is supposed to