Nestle said Food Trustthe Food Trust blockchain initiative run by IBM would gain new suppliers and retailers in 2019. The Swiss retail company joined Food Trustthe Food Trust in 2017. The aim of Food Trustthe Food Trust project was to identify food recall issues in a bid to cut risks. It improved the ability of products to be traced throughout the supply chain. The data it collected could originate from crops, transport, processing or labelling and could be tested in seconds. It was launched in 2016 and apart from Nestle already had Walmart and Unilever on board.
Nestle said the Food Trust blockchain initiative run by IBM would gain new suppliers and retailers in 2019. The Swiss retail company joined the Food Trust in 2017. The aim of the Food Trust project was to identify food recall issues in a bid to cut risks. It improved the ability of products to be traced throughout the supply chain. The data it collected could originate from crops, transport, processing or labelling and could be tested in seconds. It was launched in 2016 and apart from Nestle already had Walmart and Unilever on board.