Food producers actively embrace blockchain technology, IBM food traceability blockchain platform adds new members

According to Cointelegraph reported on February 7, IBM Food Trust, the food traceability blockchain platform of IBM, has added new ones. A French food manufacturer has joined the platform to seek to improve product traceability and supply chain transparency.

2460055448_ca9a21670f_c

Image source: visualhunt

According to a press release issued on February 4, the Avril Group, a manufacturer of vegetable oils, eggs and proteins, and the owners of the Matines and Lesieur brands, have started using the IBM Food Trust network to ensure traceability of their products.

Improve corporate social responsibility and customer experience

Through the implementation of the blockchain, the Avril Group expects to make improvements in the areas of corporate social responsibility, especially in the areas of quality animal husbandry and consideration of animal welfare.

Matines hopes to improve the customer experience by printing QR codes in egg boxes to improve transparency. The QR code directs customers to an application that contains extensive data related to the eggs they consume, including how the chickens are fed and the date the eggs are shipped to the dealer's warehouse.

Food producers actively embrace blockchain

In January this year, CHO, one of the largest olive oil producers in the southern Mediterranean, announced that it is using IBM's blockchain technology to provide traceability for its Terra Delyssa extra virgin olive oil. Ramesh Gopinath, vice president of IBM Blockchain Supply Chain Solutions, said in an interview with Cointelegraph:

"The biggest advantage of the IBM Food Trust network is its ability to connect members of the supply chain, such as connecting end consumers and farmers. CHO does this because every relevant entity can share data, which not only Provides traceability and food information, and also shows the overall direction of food trust. "

Food manufacturers have been actively adopting blockchain in recent months. Last November, retail giants Carrefour and Nestlé began using IBM's Food Trust blockchain platform to track the supply chain of infant formula. Therefore, these companies aim to increase consumer confidence in product quality.

In the same month, Singapore's blockchain application platform VeChain announced a new blockchain tracking system for the food and beverage industry. The company has collaborated with food certification group DNV-GL and supply chain specialist ASI Group to develop this project called Foodgates.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Hackers are getting smarter, with the largest number of exchange attacks ever in 2019

Source | bitcoinmagazine Translation | Huohuo Sauce Production | Blockchain Camp (ID: blockchain_camp) Currently, maj...

Blockchain

BiClub realizes full automation of OTC platform and helps build a large-scale digital asset financial service system

In the early hours of Beijing time yesterday, BiClub ( www.biclub.io , WeChat biclubcom) team has completed a key ste...

Blockchain

Bloomberg: The currency stability exchange's own stable currency will be issued in "weeks to one or two months"

According to Bloomberg News, Wei Zhou, chief financial officer of Binance, the main cryptocurrency exchange, said in ...

Market

Wu said Zhou's selection Hong Kong regulatory agency opens retail trading, Curve hacked, Binance US Department of Justice progress and news Top10 (0729-0805)

Author | Wu's Top 10 Blockchain News of the Week. The Hong Kong Securities and Futures Commission has approved the li...

Opinion

What happened during the first week of the SBF case in a comprehensive article?

In the first week of the trial, SBF found itself in a difficult situation with almost all the testimonies and public ...

News

Investment tips for the next bull market: In-depth analysis of the development status and trends of 15 cryptocurrency tracks

Following the regular industry cycle pattern, the bear market has passed halfway. The Ethereum upgrade has brought ab...