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Nestle Announces New Blockchain Initiative Separate From Ongoing IBM Project

Nestle

Summary: The largest food company, Nestle, announced a striking program to improve their supply chain tracking via Blockchain technology. The previous solution is ongoing with IBM Food Trust Blockchain but Nestle is going to build a independent new solution, which will be "feasibility, viability and scalability of the system".  IBM Blockchain uses a QR barcode on ...

The largest food company, Nestle, announced a striking program to improve their supply chain tracking via Blockchain technology. The previous solution is ongoing with IBM Food Trust Blockchain but Nestle is going to build a independent new solution, which will be "feasibility, viability and scalability of the system". 

IBM Blockchain uses a QR barcode on a product that when scanned provides information such as date of harvest, location. 

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