The food industry is a large, complex and global collective of businesses that is crucial for the world’s population. The food industry consists of agriculture, manufacturing, marketing, food processing and many other things. The food industry implements various technologies, including biotech, fintech and IT. The food industry is already implementing blockchain for supply chain management and automated data collection systems. Cryptocurrencies are also an important part of the future of the food industry. Today, one can buy and order food with Bitcoin on various sites and services. Bitcoin-accepting food delivery services are a part of today’s food infrastructure too. Young food start-ups can also implement cryptocurrencies into their business structure to gather funding through an ICO or to make a smart contract-based purchasing process.
IBM Food Trust blockchain platform has onboarded the Avril Group seeking to enhance transparency of products’ prevenance and supply chain.
French Food Company Looks to IBM’s Blockchain Network for Better Sourcing
Big Four consulting firm KPMG officially launched its blockchain-based track and trace platform in Australia, China and Japan.
KPMG Launches DLT Supply Chain Tool in Australia, China and Japan
An ice cream shop in Berlin’s trendy Friedrichshain district has revealed that a chat with an unknown “super nice” guy spurred them to spearhead Bitcoin adoptio...
‘Mystery Man’ Gets Berlin Shop to Drop BitPay, Accept Bitcoin Directly
Salmon farming company Cermaq and smoked salmon producer Labeyrie began using IBM’s cloud blockchain technology to trace their products’ supply chains.
Two European Salmon Producers Use IBM’s Blockchain Platform to Track Supply Chain
Retail giants Carrefour and Nestlé are now using IBM’s Food Trust blockchain platform to track the supply chain of infant formula.
Carrefour, Nestlé Use IBM’s Blockchain Platform to Track Infant Formula
Walmart Canada has launched an automated blockchain-based network designed to improve freight and payment processing.
Walmart Canada Rolls Out Blockchain-Based Freight and Payment System
American logistics giant UPS partnered with agritech firm HerdX to trace the journey of beef from the U.S. to Japan.
UPS and Agritech Firm Use Blockchain to Verify Beef Shipment From US to Japan