Nestle And Carrefour Implement Baby Milk Formula With Blockchain
Nestlé, the global food giant, has associated with French supermarket chain ‘Carrefour’ to bring baby milk formula with blockchain.
Using IBM’s food-tracking blockchain software ‘IBM Food Trust,’ these two firms will provide consumers transparent data for the ‘GUIGOZ Bio 2 and 3 infant milk ranges’, from dairy-shelf.
IBM Food Trust is established on the “Linux Foundation’s Hyperledger Fabric software.”
Like other blockchain-enabled products, customers will be able to approach the data by scanning a QR-code printed on the packet of the product.
Earlier this year, Carrefour disclosed its intention to put at least 20% of its in-house products on the blockchain by the year 2020. The company said it had DLT-related pilots working in 6 countries.
Around the same time, China’s famous online retailer ‘JD.com’ declared that the sales of its free-range chickens had increased to double in 2 years and credited blockchain-based QR-codes for some of the success.
Other big supermarkets are ‘blockchainifying’ their products as well. ‘Auchan’ sells carrots that are on the blockchain system; on the other hand, Dutch supermarket ‘Albert Heijn‘ uses this technology to render the supply routes of its orange juice transparent.
- Report Indicates Blockchain To Gain Importance In Healthcare Sector
- Fintech Firm Monerium Collaborates With Algorand To Issue E-money
- Aelf Promotes Modular Components For Blockhain Technology
- Blockchain Gaming Sector Witnessed 162% Growth In 2019
- Standard Chartered Makes A Strategic Investment In Linklogis
Hottest Blockchain News Daily
Get our latest news and posts in your inbox.