Olive oil producer CHO uses IBM blockchain technology to provide traceability for its olive oil products

According to Cointelegraph, CHO, the largest olive oil producer in the southern Mediterranean, announced that it is using IBM's blockchain technology to provide traceability for its Terra Delyssa extra virgin olive oil. The company is the latest major food supplier to join the IBM Food Trust Network. Using the blockchain, CHO can track Terra Delyssa through eight warranty points, including olive orchards, olive mills, and facilities for oil filtration, bottling and distribution. According to Ramesh Gopinath, vice president of IBM Blockchain Supply Chain Solutions, using blockchain technology can create a verifiable record of the origin of each bottle of CHO olive oil and track the methods used.