24 Jun 2022 --- A team of biotechnology and blockchain specialists in Greece are using olive oil DNA to generate a fraud-proof genetic barcode for each bottle. With funding from European research and innovation project S3FOOD, the move is expected to minimize food fraud across extra virgin olive oil (EVOO).
The digital tool will safeguard the authenticity and traceability of EVOO from the field. For producers, it means cheaper imitations will no longer undercut the value of high-end products.
Consumers can trust that the EVOO in the bottle lives up to the designation on the label and is safe to consume.
Biodiversity benefits and beyond
As authentic EVOO gains the recognition it deserves, growers will have a greater incentive to protect the biodiversity of olive tree varieties.
Stelios Arhondakis is CEO of BioCoS, which is working with technology partner InTTrust to develop the anti-fraud traceability tool DNAblockchain.
“The high risk of fraud in the olive oil industry is very much...
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