Swiss-headquartered food retail giant Nestle S.A. says that the blockchain-based IBM Food Trust initiative — which counts major global retailers such as Walmart and Unilever as members — is gearing up to onboard new suppliers and retailers this year.

Benjamin Dubois, digital transformation manager of global supply chain at Nestle, spoke of the development in an interview with Swiss regional bilingual daily newspaper 24 heures on Jan. 28.

As reported, the IBM Food Trust blockchain has been underway since fall 2016, with the first product trials spearheaded by Walmart in China in December 2016. Nestle, for its part, has been engaged in testing the product as of August 2017.

Credit: Cointelegraph

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