After Walmart, another retailer Carrefour has joined IBM’s Food Trust network. IBM has announced that its blockchain enabled food supply chain will become available as a subscription service recently. Carrefour has been the latest to join this network.
Carrefour is present in 33 countries across the globe and has over 12,000 stores. Carrefour will be initially using the blockchain solution to track chicken, eggs, and tomatoes as they are moved around in their supply chain. It will eventually use the technology for all of its fresh products.
Walmart had recently announced that it wants to track its leafy greens by applying IBM’s Food trust network. IBM’s Food Trust network uses the distributed ledger technology solutions to improve upon the traceability and transparency of the various processes within the food market.
This move is a step towards its Act for Food Programme through which the French retailer aims to deploy technology to all its brands by 2022. Commenting on the move the company’s General Secretary Laurent Vallee said: “This is a first in Europe and will provide consumers with guaranteed complete transparency as far as the traceability of our products is concerned.”