Supply Chains get a Blockchain Boost with IBM Food Trust

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4Q 2018 | IN-5285

 

IBM Food Trust Goes Live

NEWS

In October 2018, IBM announced the general commercial availability of the IBM Food Trust, a blockchain platform for supply chain management of the food industry. The project was started in early 2016 and has been in testing ever since, with a number of high-profile agrifood stakeholders—including Walmart, Nestlé, Dole, Tyson Foods, Kroger, and Unilever, among others—trialing the technology. French retailer Carrefour is the latest to join the network. Today, IBM is offering a range of pricing models, starting at US$100 per month for small businesses (those earning under US$50 million) to US$10,000 per month for large enterprises (US$1 billion and over). The firm also offers an educational “virtually guided onboarding” package for a one-time charge of US$5,000, which includes IBM expert-led sessions for onboarding support.

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