Tag: Blockchain technology

Norwegian seafood producers turn to blockchain for sustainable seafood

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NORWAY – Sjømatbedriftene, the Norwegian Seafood Association has partnered with technology companies, Atea and IBM in a new cross-industry collaboration to use blockchain technology to provide fully traceable seafood products. The partnership will share supply chain data throughout Norway’s seafood industry with an aim of providing consumers with safer, better and sustainably sourced seafood. The collaboration will see Norwegian seafood companies put data onto the network to cultivate easier monitoring of where fish is sourced, growing and storage conditions of seafood while at the same time contributing to reduction of…

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Collaboration explores solutions to advance food traceability across the supply chain

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USA – With the increasing requirement for suppliers to be more transparent about product information, the creation of an efficient system to track, trace, and authenticate food products with confidence is becoming a priority in the industry. To accleretae the rate of adoption of technology in traceability, GS1 US in collaboration with four other leading solution providers embarked on a project to show how the exchange of supply chain data in the food industry can be accomplished using any technology platform.  GS1 US and its partners have now confirmed that…

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Nestlé expands blockchain technology to Zoégas coffee brand

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SWITZERLAND – Nestlé has expanded the use of the IBM Food Trust blockchain technology platform to its Zoégas coffee brand enabling consumers to trace the coffee back to the different origins. The expansion follows the launch of select editions of Zoégas whole beans and roast & ground coffee in Sweden tagged the ‘Summer 2020’ range. Nestle says that the ‘Summer 2020’ range is a 100% Rainforest Alliance certified blend of arabica coffee beans from three origins – Brazil, Rwanda and Colombia, and consumers can are now able to trace the coffee back…

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Danone launches blockchain powered service to enhance baby formula transparency

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USA – Danone has launched the Track & Connect service, a digitally-enabled service giving consumers and retailers greater transparency on its baby formula farm-to-fork journey. The Track & Connect service will also enable consumers and retailers to access new data-driven, personalized after-sales support and services for its baby formula brands like Aptamil, Karicare, Laboratoire Gallia and Nutrilon. Danone says shoppers will be able to access this new service through their smart phones by scanning two QR codes on baby formula packs. The dual-QR code packaging innovation uses one QR code…

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Neogen partners with Ripe Technology to bring blockchain to food safety

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USA – Neogen Corporation has entered into a partnership with food industry blockchain pioneer Ripe Technology to adapt innovative blockchain technology for use with Neogen’s food safety diagnostics and animal genomics. The partnership will explore the use of blockchain technology in the food and livestock industries to create the history of products and animals along the entire production cycles. The food safety test kits supplier said that the new collaboration will be initially separate from its recently announced Neogen Analytics platform. Neogen Analytics is an innovative platform that enables users…

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Global agric trade platform Covantis partners with blockchain company ConsenSys

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SWITZERLAND – Covantis, the industry-wide initiative to modernize global agricultural trade, has partnered with ConsenSys, a market-leading Ethereum blockchain technology company. Covantis was introduced by the founding members of the trade initiative; ADM, Bunge, Cargill, COFCO International, Louis Dreyfus Company and Glencore Agriculture as the new project’s name last December. ConsenSys will now act as the lead technology partner to develop Covantis’ transformative platform which seeks to connect the agri-industry via an independent and trusted digital platform to enable post-trade efficiency for all participants. “The founders set up a robust…

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Agribusiness trade modernization initiative advances with new project name, Covantis

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USA – The founding members of the industry-wide initiative to modernize global trade operations; ADM, Bunge, Cargill, COFCO International, Louis Dreyfus Company and Glencore Agriculture have announced its new project name, Covantis. The initiative has also launched a new website, www.covantis.io, which explains the initiative’s vision to connect the agri-industry via an independent and trusted digital platform to enable post-trade efficiency for all participants. Covantis will also be the name of the digital platform now in development and expected to launch in 2020 subject to regulatory approvals. The Covantis initiative…

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Walmart pilots blockchain technology to strengthen seafood supply chain in India

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INDIA – American eCommerce and retail firm, Walmart is piloting block chain technology for end-to-end traceability of shrimp sourced in Andhra Pradesh, south-eastern India. Walmart says that the pilot project will help to track seafood exports sourced from the state and shipped to select Sam’s Club locations in the United States. The retailer said that the project will ultimately help seafood farmers in the region strengthen the shrimp supply chain and reinforce customer trust in the product. Shrimp is India’s largest seafood export, with the US as its largest market.…

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OpenSC raises US$4m to advance traceability technology in the food industry

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AUSTRALIA – Impact investor, OpenSC has raised US$4 million in seed funding to further the development of its digital platform, which leverages blockchain and other technologies for tracking food and food products. Following a successful international pilot with OpenSC and Austral Fisheries and subsequent launch of the technology in other platform, this round of funding will power OpenSC’s next stage of development. OpenSC technology seeks to promote transparency of food products that are currently known to have significant environmental or human rights risks within their supply chains, such as seafood…

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AB InBev rolls out blockchain technology to empower farmers across Africa

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AFRICA – The world’s largest brewer, AB InBev, is rolling out block chain solution that seeks to empower smallholder African farmers in its supply chain. AB InBev Africa is partnering with US based fintech company BanQu in providing the technology which will enable farmers in the company’s value chain to monitor their barley, sorghum and cassava sales and receive cash through a mobile money solution. “Since the second implementation was unveiled earlier this year in Uganda, through Nile Breweries Limited, 1,200 farmers have signed up on the BanQu Blockchain platform,”…

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