# Blockchain Food Waste Solutions INS Ecosystem Hopes to Reduce 130 Million Pounds of Food Waste By Ell Smith | Published 2018-04-05 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/ins-ecosystem References: [greenbiz](https://www.greenbiz.com/article/blockchain-startup-hungry-address-grocery-industrys-food-waste-dilemma) & [ins.world](https://ins.world/) INS Ecosystem is a new startup that believes [Blockchain](https://www.trendhunter.com/trends/elite-education-city) technology can be leveraged to combat the grocery industry's food waste problem. The new platform hopes to offer a more streamlined approach to selling [surplus consumables directly to shoppers](https://www.trendhunter.com/trends/giant-food-and-divert) at discounted rates. The software will use Blockchain to "manage transactions and to underpin a token system to fulfill orders, adjust prices and offer rewards." The Blockchain-based software will aid in tracking, monitoring, and distribution of the grocery industry's expansive inventory, offering a connected and digital alternative. The startup is set to launch later this year, and if all goes as planned, INS Ecosystem could cut the cost of groceries by 30% while also eliminating up to 130 million pounds of food waste annually. Image Credit: Greenbiz ## Trend Insights (Trend Hunter) - Score: 4.3/10 - Popularity: 33% | Activity: 89% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) ## Key Themes ### Why This Trend Is Growing - **Blockchain-based Food Waste Reduction:** Leveraging Blockchain technology to offer a more efficient way to sell surplus consumables at discounted rates, and track, monitor, and distribute inventory to reduce food waste. - **Token-based Transaction Systems:** Using tokens to manage transactions and adjust prices and rewards for grocery shopping can create a more efficient, connected, and digital shopping experience. - **Streamlined Food Distribution:** A more direct and connected approach to selling surplus consumables can reduce food waste and lower costs for both consumers and grocery stores. ### Industries Being Reshaped - **Grocery:** Blockchain-based platforms can disrupt traditional grocery models by reducing food waste and offering a more efficient and cost-effective shopping experience. - **Logistics and Supply Chain:** Blockchain technology can aid in tracking, monitoring, and distributing inventory in the grocery industry, creating a more efficient and streamlined supply chain. - **E-commerce:** Token-based transaction systems can revolutionize the e-commerce industry by creating a more efficient and connected shopping experience that offers rewards and discounts. ## Related on Trend Hunter - [Upgraded AI-Powered Grocer Platforms](https://www.trendhunter.com/trends/retail-insight.md) - [AI Food Waste Reducers](https://www.trendhunter.com/trends/orbisk.md) - [Waste-Combatting Food Scanners](https://www.trendhunter.com/trends/food-scanners.md) - [Expiration Management Tools](https://www.trendhunter.com/trends/east-of-england-co-op.md) - [Food Management Tools](https://www.trendhunter.com/trends/food-wise-pal.md) - [AI-Powered Food Waste Apps](https://www.trendhunter.com/trends/leanpath.md) - [AI-Powered Food Waste Solutions](https://www.trendhunter.com/trends/waiste.md) - [Intelligent Anti-Food Waste Systems](https://www.trendhunter.com/trends/foodtusker.md) - [Retail Food Expiry Tools](https://www.trendhunter.com/trends/gander.md)