Ibm Food Trust Walmart

Walmart ibm are envisioning a fully transparent 21st century digitized food system in case of a food safety issue how to do traceability in minutes seconds instead of weeks.

Ibm food trust walmart.

Ibm food trust built on blockchain benefits all network participants with a safer smarter and more sustainable food ecosystem. This empowers walmart to find the source of the food within 2 2 seconds according to frank yiannas it s vice president of food safety. The digitization of transactions and data provides a more efficient way of working across the supply chain including growers processors shippers retailers regulators and consumers. Working with corner store owners to increase healthy offerings and helping.

Walmart has been working with ibm for over a year on using the blockchain to digitize the food supply chain process. Since 1992 the food trust has been working to ensure that everyone has access to affordable nutritious food and information to make healthy decisions. In fact supply chain is one of the premiere business use cases for blockchain. Making healthy food available to all.

Ibm food trust built on blockchain benefits all network participants with a safer smarter and more sustainable food ecosystem. This means a lot even for giants like walmart carrefour nestle and. Frank yiannas walmart s vice president of food safety explains how walmart can track food products through its supply chain using ibm food trust built on the ibm blockchain platform. The food trust s comprehensive approach includes improving food environments and teaching nutrition education in schools.

The key drivers for supply chain blockchain adoption are increased cost savings enhanced traceability and greater transparency.