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Global Food Leaders Team With IBM on Blockchain

August 23, 2017

Source: Investopedia

 

International Business Machines Corp. (IBM) has announced a new blockchain​ collaboration with nine leading global food giants including Wal-Mart Stores Inc., Unilever and Nestle, which will enable them to trace sources of food contamination within seconds.

The new partnership is intended to help traditional food industry players revamp their data management processes and combat food contamination following a summit last month called by the European Union’s food safety commissioner.

 

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