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$3.75B Food Safety Company Enlists Blockchain Startup to Track Sourcing

Neogen Corporation, a publicly-traded food safety company with a $3.75 billion market cap, looks to food industry blockchain startup Ripe Technology to track supply chains. According to the press release, the two companies are going to work together to use blockchain as a permanent, immutable means to record the whole

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French Food Company Looks to IBM’s Blockchain Network for Better Sourcing

IBM Food Trust blockchain platform has onboarded one more French manufacturer seeking to enhance transparency of product provenance and supply chain.The Avril Group, a vegetable oil, eggs and protein manufacturer, and the owner of brands Matines and Lesieur, has begun using IBM Food Trust network to ensure traceability of

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US Food Inspectors to Test IBM Blockchain for Export Certifications

IBM is building a blockchain proof-of-concept for the Food Safety and Inspection Service (FSIS), the food safety hawk within the U.S. Department of Agriculture (USDA), that will help it evaluate how blockchain can optimize export certification systems.Confirmed by an FSIS spokesperson, the $269,450 blockchain feasibility assessment will search out efficiencies

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Research: Blockchain and IoT to Save The Food Industry Up to $31 Billion

Juniper Research – a firm known for providing research and analytical services to the global hi-tech communications sector – just released an astounding research showing the amazing impact blockchain and the Internet of Things (IoT) would have in the coming years.The paper, tagged Blockchain: Key Vertical Opportunities, Trends & Challenges

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VeChain Unveils Food Tracing Solution Foodgates at China’s Import Expo

Singapore-based blockchain application platform VeChain has unveiled a new blockchain tracking system for the food and beverage industry.In a blog post on Nov. 7, the company confirmed it was working with food certification group DNV GL and supply chain specialist ASI Group on the project, known as Foodgates.VeChain “direct

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Mastercard to Pilot Blockchain-Powered Food System with Topco’s Food City

In partnership with Envisible and Topco, the global payment giant Mastercard is ready to revolutionize our food systems by shining more light into a rather opaque industry with a new blockchain network.Deborah Barta, Mastercard’s senior vice president of innovation and startup engagement, commented about the new initiative:“The identity of things

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Largest American Food Coop to Pilot Mastercard’s Blockchain Tech

Topco Associates, the largest American retail food group purchasing organization, will pilot Mastercard’s blockchain tech in its operations. According to a press release on Oct. 27, Topco will test a traceability platform developed by logistics firm Envisible. The Wholechain platform is based on Mastercard’s blockchain-based Provenance Solution. Topco will use the

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