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The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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The United States Food and Drug Administration (FDA) released a blueprint and pilot study for food safety, highlighting blockchain as a viable option for some of the identified challenges. The blueprint, released earlier this week, breaks down some of the challenges facing food distribution throughout the country and looks at how
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PBoC confirmed it will be testing a mobile application for storing and exchanging the digital yuan, after screenshots circulated on social media. Internal tests will be done in Shenzhen, Suzhou, Xiong’An, and ChengduThe People’s Bank of China (PBoC) said it is intending to add the Tencent-backed food delivery giant Meituan
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The People’s Bank of China (PBoC) is planning to add the Tencent-backed food delivery giant Meituan Dianping to its list of platforms that will test real-world use cases of the digital yuan.Meituan Dianping is a Beijing-based food delivery platform that currently boasts of more than 435 million active users and
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Blockchain technology and the Internet of Things (IoT) can solve some of the food industry’s most pressing challenges and save it $100 billion a year, according to a recent report by Cryptox Consulting and VeChain.The report forecasts that $300 billion worth of food items will be traced along the supply
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[sociallocker id="55298"] The Norwegian-based producer of farmed-salmon, Kvarøy Arctic, has become the latest firm to join IBM’s Food Trust — the tech giant’s blockchain-based supply chain solution for the food industry. Kvarøy Arctic is a supplier for numerous restaurants and Whole Foods retailers in the United States and Canada, and will
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[sociallocker id="55298"] EOS-based blockchain platform Telos has announced a partnership with virtual card provider All_EBT to scale the firm’s service for food assistance programs.The partnership will see Telos’ blockchain used to facilitate payments between All_EBT’s stakeholders in food assistance and public welfare. All_EBT is backed by Draper Associates, EOS, and Facebook,
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Costco shoppers have a reason to be excited as the company is reviving its free food samples. Costco relies on the in-store experience to drive foot traffic. Despite eliminating free samples in March due to health concerns, Costco still managed to beat analyst expectations. For shoppers who crave Costco’s
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U.S. berry producer California Giant Berry Farms joined the blockchain-based food tracking solution IBM Food Trust.Fruit and vegetable news outlet The Packer reported on May 17 that California Giant will use a blockchain to share data between all the points of its supply chain. The firm employs Glassbit’s Glasschain IBM
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Dole Food Company, the world’s largest producer of fruit and vegetables, has revealed a five-year plan to expand its adoption of distributed ledger technology, or DLT, for supply chain tracking.Dole’s blockchain expansion was announced in its 2020 Corporate Responsibility and Sustainability Report.Dole first began to explore DLT after joining IBM’s
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