Ibm Food Trust Blockchain Network

After 18 months of testing the ibm food trust blockchain network is commercial available.

Ibm food trust blockchain network. Albertsons companies one of the largest food and drug retailers in the united states is joining ibm s food trust network to pilot blockchain technology to increase transparency for romaine. Global food retailer carrefour shoprite parent wakefern food corp. After 18 months in production the ibm food trust blockchain platform is now commercially available bringing with it windfall promises of improving the traceability of food products and. The digitization of transactions and data provides a more efficient way of working across the supply chain including growers processors shippers retailers regulators and consumers.

Carrefour adds scale and the pricing ranges from 100 a month to 10 000 a month depending on size of the. Ibm food trust built on blockchain benefits all network participants with a safer smarter and more sustainable food ecosystem. Ibm food trust built on blockchain benefits all network participants with a safer smarter and more sustainable food ecosystem. And grocery group purchasing organization topco associates have joined the ibm food trust network a blockchain based cloud.

The digitization of transactions and data provides a more efficient way of working across the supply chain including growers processors shippers retailers regulators and consumers. Ibm is working with services and technology providers to contribute supply chain provenance testing and sensor data to the blockchain network. The ibm food trust network consists of more 50 brands across the food ecosystem. Blockchain creates a digital record of every transaction or interaction as a product moves through the supply chain from a packaging date to the temperature at which an item was shipped to its arrival on a grocery store shelf.