  Leading global retailer Carrefour announced, they will use the IBM Food Trust blockchain network to strengthen their food excellence actions. Carrefour is one of the world's leading retailers with more than 12,000 stores in 33 countries. Laurent Vallée, general secretary of Carrefour said "being a founding member of the IBM Food Trust platform is a great opportunity for Carrefour and widen the integration of blockchain technology to our products in order to provide our clients with safe and undoubted traceability". Every passing day there are new participants to this movement among retailers and suppliers. Walmart for example recently announced that it will begin requiring its leafy green suppliers to capture digital, end-to-end traceability event information using IBM Food Trust. IBM Food Trust uses a decentralized model to allow multiple participating members of the food supply chain – from growers to suppliers to retailers – to share food origin details, processing data and shipping information on a permissioned blockchain network. Each node on the blockchain is controlled by a separate entity, and all data on the blockchain is encrypted. The decentralized features of the network enable all parties to work together to ensure the data is trusted. Participants can select from three IBM Food Trust software-as-a-service modules with pricing that is scaled for small, medium and global enterprises, beginning at $100 USD per month. Suppliers can contribute data to the network at no cost. IBM Food Trust is available as a subscription service for members of the food ecosystem to join. Read more on >> |