As you probably know from reading our DC Forecasts crypto news site, IBM is one of the leading companies when it comes to blockchain innovation. This has been proven in a number of occasions when the company filed for a patent and received unique rights to specific innovations in the realm of the blockchain.
The former PC manufacturer has so far built multiple blockchain technologies and is active in spaces like artificial intelligence with its unique Watson technology. However, it seems like IBM is focusing on the food safety and supply chain transparency lately.
As of recently, IBM was able to partner up with the French company Carrefour, which is known for being one of the largest multinational grocery chains with over 12,000 locations throughout the world. Carrefour managed to integrate IBM’s Food Trust, the blockchain-based data system that is now integrated into the company’s supply chain.
With this, Carrefour is positioned as a pioneer in jumping on board with IBM. The Food Trust system has gone live since Monday, and anyone in the food industry can subscribe to the modular software system which outlines three primary uses. The first module is called “Trace” while the others are a product for enhanced certification speed.
For ones that don’t know, IBM offers traditional businesses a solid access to blockchain technology, incorporated through a Software-as-a-Service model where food retailers are top among its targets. Previously, IBM worked to develop a solution for Walmart’s grocery department in an attempt to improve its own safety. The solution is described in the video below.
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