When we talk about the blockchain technology TE-FOOD implements, we always tell, that we will build the ecosystem in phases, focusing on the short term goals, and don’t pursue a long term solution at this phase.

The founders, and several team members of TE-FOOD are in the corporate IT industry for over 20 years. We saw a lot of frameworks, development methodologies to come and go. We know that a new technology has to mature before long-lasting applications can be built on it (although the term “long-lasting” is different in IT).

The pace of development in the blockchain space is even quicker than other fields of IT. We believe that the next 1–2 years will bring much more advancement in blockchain technologies than the previous, quite busy period. The best strategy is now to build a solution to serve the customers to get the first experiences with blockchain. Mass adoption is still several years away.