DeltaTrak Joins IBM’s Blockchain-Enabled Ecosystem For Food Industrybr>
Cold chain management company DeltaTrak has announced that it has joined IBM Food Trust, a blockchain-enabled global ecosystem for the food industry.
DeltaTrak is an innovator of cold chain management and temperature monitoring solutions. Its product line includes a wide range of temperature and humidity data loggers and wireless systems. The firm also develop and manufacture high quality portable test instruments that monitor / record temperature and humidity.
IBM Food Trust, which was launched in October 2018, uses blockchain technology to create unprecedented visibility and accountability in the food supply. IBM claims that it’s the only network of its kind to connect growers, processors, distributors, and retailers through a permissioned, permanent and shared record of food system data. The network has onboarded more than 50 brands across the food ecosystem, including Walmart, Carrefour, The Kroger Co., Driscoll’s, Dole, Golden State Foods, McCormick and Co., McLane Co., Nestlé, Tyson Foods and Unilever.
By joining Food Trust, DeltaTrak will be able to assist suppliers with selectively sharing key information about food items with their other business partners, all in a highly secured and permissioned way on the blockchain. By enabling this greater level of transparency, DeltaTrak said that it can facilitate more efficient and effective collaboration with its supply chain partners, ultimately allowing them to upload critical data to the blockchain, in order to comply with their customer requirements.
“Participation in the IBM Food Trust should be more than just customer-driven,” said Frederick Wu, President and CEO of DeltaTrak. “When suppliers come on board, they’re joining forces with other stakeholders, to improve the speed of food safety tracebacks, reduce waste, and optimize efficiency in the supply chain. Ultimately a win-win situation for all parties, down to the consumer.”