The American techno-giant IBM after 18 months of testing has officially launched its own network on tracking food products based on blockchain — Food Trust.
In a press release, the company noted that the ecosystem was joined by another major retailer in the food industry, the French Carrefour. The company that manages more than 12 thousand shops in 33 countries, the first to test the system: by 2022 Carrefour plans to introduce the blockchain in all its brands around the world.
The IBM initiative Food Trust was announced in 2016 as the blockchain is the solution that will bring together various industry participants. During the experimental phase, which began in August 2017, the Corporation collaborated with Nestle SA, Dole Food Co., ‘driscoll’s Inc., Golden State Foods Kroger Co., McCormick and Co., McLane Co., Tyson Foods Inc. and Unilever NV.
As reported by IBM, in the course of testing, retailers and suppliers used the blockchain Food Trust to monitor “millions of individual food products”.
The American company Walmart has become one of the first who joined the IBM experiments, in 2016, began to use the blockchain to identify and remove from the shelves the products complained of by the customers. And at the end of last month Walmart announced that it will appeal to suppliers of green for introducing the tracking system “from farm to store” based the Food Trust IBM.
As for IBM, for her food industry — just one example among the many projects associated with the technology of the blockchain. American Corporation shares the first place with the Chinese e-Commerce giant Alibaba on the number of patents relevant to the blockchain. IBM recently received a patent for a blockchain monitoring system that allegedly helps to prevent all kinds of hacker attacks and the emergence of vulnerabilities in the security system. Previously, the company also entered into an agreement with the largest container carrier in South Korea, and filed a patent application for a database management system on the blockchain.