Ibm Food Trust Case Study

Ibm called it complete end to end traceability mcdermott 2017.

Ibm food trust case study. The walmart team had a positive experience working with hyperledger. Ibm food trust blockchain. How walmart brought unprecedented transparency to the food supply chain with. Another supply chain initiative also from ibm is tradelens which started as a partnership with maersk initially and was later joined by msc hapag.

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. The case highlights the challenges of implementing blockchain technology in the food supply chain and the opportunities for. Ibm food trust built on blockchain benefits all network participants with a safer smarter and more sustainable food ecosystem. Ibm food trust is a collaborative network of growers processors wholesalers distributors manufacturers retailers and others enhancing visibility and accountability across the food supply chain.

Frank yiannas and walmart are the source for this slide content. Brightfarms adopted the ibm food trust platform to add an additional layer of protection to its food safety strategy. The norwegian farmed salmon producer will enable traceability of fresh seafood products to improve supply chain credibility kvarøy arctic the norwegian based producer of farmed salmon is the latest firm to join the list of more than 200 companies part of the ibm food trust. Says yiannas walmart s ceo was reaching out to other food companies the next day including other retailers wal mart collaborated with ibm and others to set up ibm food trust involving prominent players in the food industry like nestle and unilever.

Using the ibm food trust network that relies on blockchain technology we have shown that we can reduce the amount of time it takes to track a food item from a walmart store back to source.