Walmart, JD.com Back Blockchain Food Tracking Effort in China
Retail giants Walmart and JD.com are among several companies backing a new blockchain effort in China focused on food safety and traceability.
IBM is teaming with the Norwegian Seafood Association to create a blockchain-based track-and-trace system for Norway's sustainably farmed salmon.
Nestle and Carrefour are using IBM's Food Trust blockchain platform to track organic baby milk products "from dairy to shelf."
JBS S.A. aims to track all of its cattle suppliers on a blockchain system by 2025.
Supermarket chain Carrefour has reportedly attributed a recent increase in sales to its use of blockchain tracking for food products.
Chinese e-commerce giant Alibaba is trialling a blockchain-based tracking system developed to make its supply chain more transparent.