Blockchain set to ‘supercharge global supply chains’ by 2025
Blockchain could become ubiquitous by 2025, entering mainstream business and underpinning supply chains worldwide, according to a new report from Capgemini. The study asserts that the distributed ledger technology will dominate manufacturing as well as consumer products and retail industries, ‘ushering in a new era of transparency and trust’. Currently, just 3% of organisations that […]
IBM takes Food Trust blockchain network global as Carrefour jumps on board
IBM’s food supply chain network, IBM Food Trust, is now ‘generally available’ for use by retailers, suppliers, growers and food industry providers with data from across the food ecosystem. The network, which IBM says enables greater traceability, transparency and efficiency, has been testing for the last 18 months, during which its claims millions of individual food […]
94 companies join IBM-Maersk blockchain supply chain solution
Maersk and IBM have unveiled TradeLens, a platform jointly developed by the two companies to apply blockchain to the world’s global supply chain. TradeLens is the result of a collaboration agreement between Maersk and IBM, a blockchain-enabled shipping solution designed to promote more efficient and secure global trade, bringing together various parties to support information sharing […]
FSA trials first use of blockchain for food supply chain
The Food Standards Agency has successfully completed a pilot using blockchain in a cattle slaughterhouse, representing the first time the technology has been used as a regulatory tool to ensure compliance in the food sector. A blockchain is a type of database that takes a number of records and puts them in a block (rather […]
