Today IBM
announced the first Australian organizations to trial its
IBM Food Trust blockchain. The companies are
Thomas Foods International, Australia’s largest family-owned meat processor, and
Drakes Supermarket, an Australian independent grocery retailer with more than 50 stores. The solution enables stakeholders to trace the complete life cycle of a food product which is updated in real-time.
The trial involved tracing a piece of steak back to one of four farms.
Thomas Food International (TFI) and Drakes Supermarket have been using IBM Food Trust for the past three months to improve operational efficiencies by updating their data on the shared platform. The products can then be traced as they move through the supply chain, even across different organizations. However, only companies within their supply chain can view the information.
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