With the number of mouths to feed set to grow 50% by 2050, fresh food manufacturers and suppliers have to do a better job getting food to market before it spoils. More than 60% are planning to use blockchain to do that, according to a new study.
Long criticized for marketing practices, Nestlé turns to blockchain for baby formula
Swiss food behemoth uses blockchain to track infant formula provenance, but practices in poor countries still make product dangerous
Nestlé has joined French supermarket chain Carrefour on a blockchain program that will track to quality and origins of its Guigoz Bio 2 and 3 baby formula. The Swiss food giant is the worldwide leader in infant formula, with about a quarter of the market Swiss food giant.
Iota is using distributed ledger to fight deadly allergy attacks
By scanning a barcode with a smartphone, consumers will be able to see every allergen in their food
The Iota Foundation announced a partnership with Scottish food safety software firm Primority on June 20 that will use distributed ledger technology (DLT) to make it easier for allergy sufferers to protect themselves from dangerous foods.
Deloitte: Blockchain adoption growing fast in the supply chain industry
Report says blockchain technology use will grow more than 600% in five years
While blockchain technology has only just begun to gain a foothold in the supply chain management industry it will surge dramatically over the next decade, according to a new survey by logistics and supply chain association MHI and consulting firm Deloitte.