blockchain technology (3)

3830643970?profile=RESIZE_710xTunisian company CHO, which is one of the largest olive oil producers in the southern Mediterranean has introduced blockchain technology to assure the integrity of its brand Terra Delyssa extra virgin olive oil. CHO is the latest major food company to join IBM’S Food Trust Network. The blockchain will track Terra Delyssa across eight quality assurance checkpoints, including the orchard where the olives were grown, the mill where olives were crushed, and the production facilities where the oil was filtered, bottled and distributed.

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Seafood is particularly prone to fraud. In order to try and ensure the supply chain remains integral, IBM and the US company Raw Seafoods have teamed up to introduce blockchain technology, initially to focus on US Atlantic scallop fisheries. Also Raw Seafoods is one of the first companies to introduce the IBM Food Trust Consumer app for smart phones, where consumers will be able to access full information on the scallops they are eating in certain restaurants or buying in retail using a QR code.  

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N. Ireland Tech. Company Arc-Net is developing a blockchain technology to improve the traceability and authentication of food. Blockchain technology is a cloud-based platform that is designed to have high levels of security and flexibility, which protectively marks, authenticates and tracks foods across the whole supply chain. The company has received a £2 million investment to develop the technology.

Read the article at: NI Company Blockchain investment

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