Today food traceability firm TE-FOOD
announced that Swiss supermarket Migros will implement its blockchain solution for fruits and vegetables. The retailer is the biggest supermarket and private employer in Switzerland. It hopes to optimize its supply chain, reducing costs and food waste.
While TE-FOOD is not a blockchain company, it offers blockchain solutions to clients like Migros. This particular project focuses on perishable foods intending to increase efficiency in an often outdated industry.
Today’s release claims that Migros has already standardized some legacy tracking data from fresh food suppliers. The plan is to store the information on TE-FOOD’s HyperLedger-based FoodChain. This blockchain solution will allow Migros to analyze immutable and easily audited tracking data.
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