IBM (NYSE:IBM) announced on Monday its blockchain-based food supply chain network, IBM Food Trust, had become generally available as a subscription service. The consortium members, which include retailers and suppliers operating in the food industry, benefit from distributed ledger technology (DLT) solutions to ensure the traceability and transparency of processes within the food market.
After being tested for about 18 months, the network is now open to relevant new members. One new addition is French multinational retailer Carrefour (PA:CARR), which announced on Monday it would use IBM Food Trust to increase its food excellence actions. Carrefour operates over 12,000 stores in 33 countries worldwide. Initially, the blockchain solution will be used to track tomatoes, chicken, and eggs as they move from farms to stores. In the future, the retailer plans to apply the technology to all of its fresh products. The solution is part of Carrefour’s Act for Food program and will reach all of its brands by 2022.
Carrefour general secretary Laurent Vallée commented:
“Being a founding member of the IBM Food Trust platform is a great opportunity for Carrefour to accelerate and widen the integration of blockchain technology to our products in order to provide our clients with safe and undoubted traceability.”
“This is a decisive step in the roll-out of Act for Food, our global program of concrete initiatives in favor of the food transition,” he added.
IBM Food Trust, which runs on the IBM Cloud, offers three software-as-a-service (SaaS)...
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