​IBM IFT Food Kechaihu blockchain network is officially commercialized, and Carrefour is on the chain!

On October 9, 2018, IBM announced the official commercialization of IBM Food Trust

IBM announced the growing popularity of food supply chain network IBM Food Trust

After 18 months of testing, IBM Food Trust announced the official commercial use

The ecosystem of blockchain network participants continues to grow

“Being a founding member of the IBM Food Trust platform gives Carrefour the opportunity to accelerate and expand the integration of blockchain technology into products that help customers trace food more safely and securely,” said Carrefour Secretary General Laurent Valle

Use blockchain for trusted transactions to quickly trace the origin of food in seconds instead of days or even weeks

“Today’s trust comes from transparency, and food safety can only be guaranteed if all participants are held accountable,” said Bridget van Kralingen, IBM senior vice president of global industries, clients, platforms and blockchain

Governance of Shared Networks

IBM FoodTrust uses a decentralized model that allows multiple participating members of the food supply chain (from growers to suppliers to retailers) to share food origin details, processing data and shipping information on a permissioned blockchain network

As one of the largest and most active enterprise blockchain networks launched to date, IBM FoodTrust members have pioneered a sound network governance model to ensure that the rights and information of all participants are strictly managed and protected

official version

IBM Food Trust is now available globally and runs on IBM Cloud.