What it happens at blockchain food traceability?
Reviewing and compile blockchain industry topic, updating market references and research environment.
Today, we are picking up food retailer update with blockchain tracking.
Nestle, and French retailer Carrefour are launched the trial of blockchain traceability based on IBM’s Food Trust platform. Mousline line, mashed potato from Nestle factories to Carrefour store, will be evidence with tracking process by scanning QR code.
Through this service, production date and quality control parameters, as well as storage times and the locations of warehouses, will be disclosed to consumer assessment.
Transparency Market Research (TMR) shows the higher interest with global food safety and testing market revenue. In their prediction, it will reach US$1.3 billion by 2025, rising form and estimated US$0.6 billion in 2017. Since it is coming out related infectious diseases among food supplying, consumer attention is becoming larger in accordance with nutritious issue. It is no longer the temporarily act, but continuously moving toward safer approach with grass-roots contributions.
The IBM Food Trust solution welcomes new member, Supermarket Giant Albertsons is aiming to track Romaine Lettuce. More than 80 brands has already joined this network, in addition to put consecutive value chain resources as well.
From their point, retailer is exploring new technology to prevent risk of food safety supply chain development. Identifying contamination issue is alternative operation instead of human workforce.
Drakes Supermarkets and its meat supplier Thomas Foods International, has signed to join IBM Food Trust blockchain platform. After few months testing, they decided to join full pilots program.
During the testing phase a piece of Angus scotch fillet steak for sale at drakes supermarkets was successfully traced back to one of four farms using data recorded on IBM’s immutable distributed ledger.
IBM is proactively working with big name for food traceability, and the experiment is becoming toward practical pilots in coming month.
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