STUDY OF BLOCKCHAIN TECHNOLOGY AND ITS APPLICATION IN RESTAURANT BUSINESS

Abstract

This research critically assesses blockchain technology's transformative potential in the restaurant industry, focusing on its decentralized and immutable ledger. It explores how blockchain improves food traceability, secures payment systems, and streamlines inventory management while minimizing intermediary dependence. By integrating global case studies, empirical data, and existing scholarly work, the study evaluates blockchain’s effectiveness in enhancing ingredient authenticity, operational efficiency, and consumer trust.