The Ecuador-based Sustainable Shrimp Partnership is joining IBM's Food Trust Ecosystem, using IBM's blockchain technology to ensure the quality of SSP shrimp products, according to a press release on May 6.
By joining the Food Trust Ecosystem, retailers and consumers will have access to production and development data on the SSP shrimp products.
"Our aim is to have SSP premium quality shrimp in supermarkets and on menus where the consumer can scan the QR code and find out which farm it is from, how it was farmed, and key indicators on its food safety and sustainability profile."
The SSP is a collective of companies involved in shrimp production.
According to a recent article by SeafoodSource, there are eleven Ecuadorian shrimp farms producing SSP shrimp, as of April.
IBM launched the Food Trust Ecosystem in October, 2018 after a year and a half of testing.
Major research firm Gartner recently claimed that 20 percent of the world's top grocers will be using blockchain technology by 2025 to provide quality assurance of food products.
The Gartner report praised blockchain as an ideal tool for food tracking, and Senior Analyst Joanne Joliet asserted that it will be grocers that drive blockchain development.
As Cointelegraph recently reported, American food and drug chain Albertsons Companies joined the IBM Food Trust Ecosystem on April 11.
Albertsons joined the Food Trust Ecosystem with the purported intent of tracking romaine lettuce.
Ecuadorian Shrimp Producers Join IBM's Blockchain-Based Food Trust Ecosystem
Publicado en May 6, 2019
by Cointele | Publicado en Coinage
Coinage
Noticias recientes
Ver todo
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.