IBM’s Blockchain-Based Food Trust Ecosystem joined by Ecuadorian Shrimp Producers

IBM’s Blockchain-Based Food Trust Ecosystem joined by Ecuadorian Shrimp Producers

The Ecuador-based sustainable Shrimp Partnership (SSP) is joining IBM's Food Trust system, using IBM’s blockchain technology to make sure the standard of SSP shrimp product.

By change of integrity the Food Trust system, retailers and shoppers can have access to production and development knowledge on the SSP shrimp product. Director of SSP Pamela Nath said:

“Our aim is to own SSP premium quality shrimp in supermarkets and on menus where the buyer will scan the QR code and understand which farm it's from, however it absolutely was farmed, and key indicators on its food safety and sustainability profile.”

The SSP could be a collective of corporations concerned in shrimp production. As per a recent article by SeafoodSource, there are eleven Ecuadorian shrimp farms manufacturing SSP shrimp, as of April. In March, the U.S. imported 1,000 metric plenty of shrimp created by the partnership.

IBM launched the Food Trust system in October, 2018 when a year and a half testing.

Major analysis firm Gartner recently claimed that 20 % of the world’s top grocers are using blockchain technology by 2025 to supply quality assurance of food product. The Gartner report praised blockchain as a perfect tool for food tracking, and Senior Analyst Joanne Jolliet declared that it'll be grocers that drive blockchain development.

As top Market group recently according, U.S. food and drug chain Albertsons corporations joined the IBM Food Trust system on April eleven. Albertsons joined the Food Trust system with the purported intent of trailing romaine lettuce.

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