• Technology

    VeChain serves up ready-to-use blockchain applications for food safety

    In an attempt to sweeten the deal for food brands reluctant to turn to blockchain because it’s expensive, the traceability company has released a cost-conscious platform

    Although the technology shows a lot of promise, there’s one problem with creating a food-tracking blockchain: it requires an upfront investment, making it expensive for companies to embrace. Many end up building their own applications from scratch, and struggle to understand exactly how it works.

  • Tracing food on blockchain
    Technology

    Tracing food on blockchain gains momentum, with shoppers willing to pay big bucks

    As new innovations continue to emerge in the industry, an IBM report says some shoppers would be willing to pay a premium of 35% for fully traceable produce

    In a one night only event, the company invited Washington, D.C. locals—along with food industry executives and legislators—to order curbside meals featuring produce that was traced by HerdX’s blockchain system. Diners were then able to see where their beef had come from—in this case, the Dean and Peeler Meatworks farm in South Texas.

  • EY IBM blockchain alliance
    Technology

    Driven by coronavirus, IBM and EY ally on blockchain

    It’s hoped the ‘enhanced, multi-year alliance’ will help companies ‘reframe their future amidst an unpredictable and rapidly evolving environment’

    “As organizations learn how to adapt to today's new normal, leveraging the cloud, AI, analytics and other technologies have become increasingly important,” EY’s global chairman and CEO Carmine Di Sibio said in a statement.

  • How IBM used to store data before blockchain technology (via Pixabay).
    Technology

    IBM launches blockchain coalition with Anheuser-Busch, Cisco, and GlaxoSmithKline

    The Trust Your Supplier network uses IBM Blockchain to track documents and invoices for a wide range of industries

    IBM is teaming up with blockchain builder Chainyard on a new supply chain management platform that has attracted participants from a half dozen industries. While many major coalition blockchain projects are industry specific—like Big Blue’s TradeLens Consortium for shipping and its Food Trust alliance for produce—the Trust Your Supplier network is focused on documenting and verifying supplier information of all types.

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