Blockchain 

VeChain Unveils Food Tracing Solution Foodgates at China’s Import Expo

Singapore-based blockchain application platform VeChain has unveiled a new blockchain tracking system for the food and beverage industry. In a blog post on Nov. 7, the company confirmed it was working with food certification group DNV GL and supply chain specialist ASI Group on the project, known as Foodgates. VeChain “direct beneficiary” of pro-blockchain stance The original announcement came at this year’s China International Import Expo (CIIE), being held from 5-10 Nov. in Shanghai. “The immutability of public blockchain coupled with verifiable information makes this solution really unique,” VeChain COO…

Read More
Blockchain 

Largest American Food Coop to Pilot Mastercard’s Blockchain Tech

Topco Associates, the largest American retail food group purchasing organization, will pilot Mastercard’s blockchain tech in its operations.  According to a press release on Oct. 27, Topco will test a traceability platform developed by logistics firm Envisible. The Wholechain platform is based on Mastercard’s blockchain-based Provenance Solution.  Topco will use the platform to trace the provenance of produce, meat and seafood.  Blockchain provides transparency for food supply chains Blockchain technology has found widespread application in the food industry with multiple high-profile companies.  Major American retailer Walmart began using blockchain tech…

Read More
Blockchain 

Provide Guidance on Blockchain for Food Safety

A global technology research firm urges the United States Food and Drug Administration (FDA) to offer clear guidance on blockchain apps to improve food safety. Federal research needed FoodOnline reported on Oct. 21 that Alex Manders, the head of blockchain solutions at Information Services Group (ISG), a Connecticut-based tech research and advisory firm, has urged the FDA to take a closer look at the potential of blockchain technology. Speaking at an FDA public meeting called “A New Era of Smarter Food Safety,” Manders argued that the FDA should examine blockchain…

Read More
Blockchain 

US FDA to Hold Meeting on Blockchain and AI in Food Traceability

The United States Food and Drug Administration (FDA) will hold a public meeting at which it will discuss its “New Era of Smarter Food Safety” initiative. Per a Sept. 17 announcement, the FDA set up a meeting with a group of international stakeholders on October 21, 2019, to discuss public health challenges and the implementation of the Food Safety Modernization Act. Specifically, the FDA intends to establish “a more digital, traceable, and safer system” to protect consumers from contaminated food. Efficient tracking of contaminated food The initiative proposes to deploy…

Read More
Blockchain 

Supermarket Chain Migros Implements Blockchain-Based Food Traceability

Switzerland’s largest supermarket chain and retailer, Migros is turning to blockchain to keep tabs on its supply chain for food. Migros announced the implementation of TE-Food’s blockchain-based food traceability system, Aug. 29. Whilst many retailers are incorporating such systems to provide transparent information to customers, Migros is looking to the technology to optimize processes and provide greater value. Optimization through deeper supply chain insight According to the announcement, Migros expects the new initiative to provide more benefits than just offering transparency for customers. Rather, the supermarket expectst the new platform…

Read More
Blockchain 

Blockchain Startup Nets $2.4 Million in Public Funding to Fight Food Slavery

Blockchain startup Lumachain has received $2.4 million in public funding from Main Sequence Ventures, a $165.6 million venture capital fund backed by the Australian government and the federal Commonwealth Scientific and Industrial Research Organisation.  Lumachain’s newly-received funds will go toward staffing fees as well as international expansion, according to a report by local financial news periodical the Australian Financial Review (AFR) on July 29. Lumachain reportedly uses blockchain technology to track and trace the condition and whereabouts of food products along the supply chain in real time.  According to Lumachain’s…

Read More
Blockchain 

Blockchain for the Food, How Industry Makes Use of the Technology

As blockchain continues to push for mass adoption, the food and beverage industry is shaping up to be one of the most inclusive destinations for the technology: Just over the past few months, a variety of players — including juggernauts like Nestlé, Carrefour and Starbucks — have reported on their latest blockchain-powered initiatives within the field.  Indeed, in 2019, blockchain has been piercing the food industry at an accelerated pace. According to recent research, 20% of the top-10 global grocers will use blockchain by 2025. So, what makes the technology…

Read More
Ethereum 

Walmart China Will Track Food in Supply Chain with Vechain’s Thor Blockchain

Walmart China plans to track food through its supply chain with VeChain’s Thor blockchain, reveals a VeChain press release published on June 25. Per the release, the Walmart China Blockchain Traceability Platform (WCBTP) will be a joint venture by Walmart China, VeChain, PricewaterhouseCoopers (PwC), cattle company Inner Mongolia Kerchin, and the China Chain-Store & Franchise Association. WCBTP has been reportedly announced at the 2019 China Products Safety Publicity Week Traceability System Construction Seminar jointly organized by Walmart China and the CCFA in Beijing. Walmart China already revealed 23 product lines…

Read More
Blockchain 

IOTA to Enter a New Partnership to Track Potentially Fatal Food Allergens With DLT

Non-profit blockchain organization IOTA Foundation has teamed up with digital food safety management firm Primority to track food allergens via blockchain, IOTA tweeted on June 20. The new partnership aims to reduce risks associated with potentially fatal food allergens, targeting 220 million people with food allergy worldwide, as IOTA noted in the tweet. The collaboration includes the development of a prototype of an application that would enable consumers to check food products for allergens, particularly those that go under usual radars for a number of reasons, including cases when products…

Read More
Blockchain 

National Fisheries Institute and IBM’s Food Trust Work on Seafood Blockchain Traceability

United States seafood trade association National Fisheries Institute (NFI) is working with IBM’s blockchain supply chain solution Food Trust to trace seafood, food-related news outlet FoodOnline reports on June 11. Per the report, this is the first effort to track multiple seafood species jointly pursued by multiple companies. Furthermore, NFI members representing harvesters, importers, processors, cold storage, foodservice restaurants and retail are all reportedly involved in the program. The project is purportedly funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O’Scannlain commented on the development: “Traceability is…

Read More