Global Tech Summit: Australia - "Exploring New Edge of Field with Technology"

Australia (August 17-18)

Global Tech Summit talks about food tech and focuses on how technology is revolutionizing the agriculture industry. Food technology is rapidly transforming the agriculture industry in Australia. With its vast land area and diverse climate, Australia has a unique opportunity to leverage technology to improve crop yields, reduce waste, and enhance food security.

With the help of AI, drones, and other advanced technologies, farmers can now monitor crop health, predict weather patterns, and optimize irrigation to improve yields and reduce waste. The talk also highlighted how blockchain technology can be used to create more transparent and secure supply chains, enabling consumers to trace the origin and journey of their food from farm to table.

Australia’s food tech is making a significant impact in precision agriculture. With the help of AI, drones, and other advanced technologies, farmers can now monitor crop health, predict weather patterns, and optimize irrigation to improve yields and reduce waste. For example, drones equipped with multispectral cameras can provide detailed images of crops, enabling farmers to identify areas of stress or disease and take corrective action before it spreads.

Another area where food tech is being used in Australia is in the development of new crops and plant-based foods. With the growing demand for plant-based foods, researchers are working to develop new crops that are more resilient to climate change, require less water and fertilizer, and have higher nutritional value. For example, researchers at the University of Queensland are developing a new variety of sweet potatoes that is high in beta-carotene, a nutrient that is essential for eye health.

Blockchain technology is also being used in Australia to create more transparent and secure supply chains. By using blockchain to track the origin and journey of food products from farm to table, consumers can have greater confidence in the safety and quality of their food. For example, Australian startup Aglive is using blockchain to create a digital passport for livestock, enabling consumers to trace the history of their meat from birth to slaughter.

Food tech is also being used in Australia to address food waste. With the help of data analytics and AI, companies are developing new ways to reduce food waste throughout the supply chain. For example, Yume, an Australian startup, has developed an online marketplace for surplus food, enabling businesses to sell excess inventory to buyers who can use it for animal feed or compost.

Food technology is transforming the agriculture industry in Australia by improving crop yields, developing new plant-based foods, creating more transparent supply chains, and reducing food waste. As technology continues to evolve, we can expect to see even more innovation in this field in the years ahead.

Global Tech Summit
Posted on: Jul 06, 2023

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