Wednesday, August 21, 2019

Meat Producer and Supermarket Chain in South Australia Pilot IBM’s Blockchain

Two businesses based in South Australia, Thomas Foods International (TFI), a
meat processor and Drakes Supermarket, an independent grocery chain have been testing IBM’s blockchain platform for the past three months. The platform is being used to track the lifecycle of food items along the supply chain, according to a media outlet’s report on March 17.

South Australian-based Businesses Trial IBM’s Blockchain

Based on the report, Thomas Foods International (TFI) and Drakes Supermarket have been using IBM’s blockchain-based platform to track the production and distribution of food items. 18 months was spent testing the platform which IBM calls “blockchain-based cloud network.”

In addition, the platform has been subdivided into three sections which are trace, certification, and data entry and access. In the case of tracing, food contamination, as well as wastage, can be reduced. Certification enables a food item’s provenance to be easily verified. Data entry, on the other hand, takes care of the information pertaining to these products which need to be provided.

Blockchain Provides Traceability, Transparency, and Efficiency

According to IBM, its platform provides data about the food ecosystem to retailers, suppliers, and growers in order to bring about traceability, transparency, and efficiency. In this case, the origin of food can be traced which speeds up the process of recalling food items when a contamination has been detected.

IBM also said:

TFI and Drakes are able to upload data into a shared platform and the life-cycle of the products being traced has been mapped across the organizations, allowing a product to be tracked as it moves through the supply chain.

Simon Tamke, a representative of TFI who made comments stated that the ability to maintain a particular data about a product instead of a group of products makes it easy to understand how these food items move along the supply chain. He added that provenance and transparency will help to boost customers’ confidence thanks to the blockchain technology.

Related Article:  European Parliament Proposes the Use Blockchain Technology to Monitor Global Trade

IBM’s Blockchain Platform is Used by Other Companies

In 2018, a number of companies have used IBM’s blockchain-platform to aid in the tracebility of their products. BTCNN, on November 8 reported an instance of this where Seagate used the platform to help in combating fake hard drives. By scanning the cryptographic IDs embedded on these devices, a retailer can tell if they came directly from the manufacturer.

BTCNN on November 26 also informed of Telefonica, a Spanish telecommunications company has signed an agreement with IBM to use the platform to trace international calls. The use of the blockchain-based platform will also allow operators to access call data in real time.

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