Search Results for "food"
IBM’s Blockchain Technology Hand Picked By Coop Italia for Food Traceability
Coop Italia, the biggest retail chain in Italy, has acknowledged this attribute as it has selected IBM’s blockchain technology to enable its private label brand called Coop Vivi Verde to trace the origin of eggs in its supply chain.
World Economic Forum Views Blockchain as the Vaccine for Future Interferences in the Seafood Sector
The World Economic Forum (WEF) touts blockchain technology as the vaccine and game-changer needed to ensure things run smoothly in the global seafood supply chain irrespective of future disruptions. This is based on the fact that the coronavirus (COVID-19) pandemic has laid the bare knuckles of the inefficiencies and challenges faced by the seafood industry.
US Government Considers Blockchain as a Stepping Stone to Smarter Food Security
The US government, through its federal agency the Food and Drug Administration (FDA) mandated with protecting the country’s food supply and public health, has earmarked blockchain as one of the technological innovations that will prompt traceability and a food safety culture.
Mastercard Blockchain to Trace Produce for the Largest American Food Group
Mastercard is collaborating with Envisible, a supply-chain company, to allow the traceability of the origin of food products via Mastercard's blockchain-based Provenance Solution.
How Can Blockchain Be Used to Save $31 Billion in Costs in the Food Industry?
Blockchain, along with the internet of things (IoT) trackers and sensors, could reduce costs for retailers. New data from Juniper research showed that blockchain will be essential to $31 billion in “food fraud savings” by 2024 by tracking food across the supply chain.
Dynasty Farms to Use Blockchain for Fresh Produce Traceability Project
Dynasty Farms/ Pacific International Marketing is set to use iTrade Blockchain to propel transparency and traceability of fresh produce. iTrade Network is a noteworthy worldwide provider of supply chain management solutions in the food and beverage sector.
Blockchain-Powered Farm to Plate Portal to Mitigate Recalls
Farm to Plate, a blockchain-enabled provenance tracking portal by Paramount Software Solutions, is set to address the challenge of recalls witnessed in the food & beverage sector.
Alibaba’s Plan to Digitize the Services Industry to Rival Tencent Involves Blockchain
Alibaba subsidiary Ant Group CEO Simon Hu is accelerating Alipay’s progression into an online mall for commerce, food, travel services to rival Tencent Holdings Ltd.
KFC Opts for Blockchain-Based Media Buying and Digital Advertisements for its Middle East Customers
KFC, a leading American fast food chain, seeks to change the face of the quick-service restaurant (QSR) sector by establishing a blockchain platform in the Middle East for more transparent and efficient media buying and digital advertisements.
United Nations FAO: Blockchain, IoT and Robotics Can Foster a Sustainable and Profitable Global Seafood Economy
The Food and Agriculture Organization (FAO) of the United Nations views blockchain as a game-changer for the global seafood sector.
China to Test its CBDC on Tencent-Backed Platform and Other Domestic Firms to Break Dependence on the US
China’s central bank has taken another major step forward toward the digital yuan’s mass adoption with its testing on food delivery giant Meituan Dianping. Backed by Tencent, Meituan has been having discussions with the People’s Bank of China’s central bank digital currency (CBDC), also known as digital currency electronic payment (DCEP) research wing.
IBM, KPMG, Walmart, Merck Reveal Results of FDA Blockchain Drug Tracing Pilot
IBM, KPMG, Walmart, and Merck’s blockchain pilot in drug-tracing has successfully exceeded the US Food and Drug Administration’s (FDA) benchmarks. The pilot program aimed to encourage new technologies to be used in the pharmaceutical supply chain. Blockchain was used as a shared record movement of pharmaceutical drugs through the supply chain, which resulted in improved efficiency. Recalls were proven to be done in just seconds, rather than in days, as blockchain offers traceability.