Walmart, Unilever, Nestle Back Blockchain Food Coalition

Blockchain, Group, Innovation, News, Regulation | August 22, 2017 By:
A coalition of food giants led by massive retailer Walmart  is exploring how to create a blockchain that will monitor their food supply chains.
The coalition includes such huge food purveyors as Unilever, Nestle, Kroger, McCormick and Company, McLane Company, Driscoll’s, Tyson Foods, Golden State Foods and Dole to trace the provenance of everything from chicken to chocolate. IBM is backing the experiments for the companies, using its Hyperledger Fabric blockchain.
Walmart has already dabbled in blockchain supply chains. It tracked Chinese pork and Mexican mangoes using an experimental blockchain devised by IBM.  No date for coalition’s blockchain trial experiments has been set.