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ARTICLE · 13 DECEMBER 2018

Blockchain Enterprise Developments In Food Supply Chain, Patient Data, Patents, Mobile Devices And More

BakerHostetler
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An international supermarket conglomerate operating in 17 countries worldwide recently announced that it will implement TE-FOOD's

United StatesTechnology
Simone O. Otenaike
Simone O. Otenaike
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An international supermarket conglomerate operating in 17 countries worldwide recently announced that it will implement TE-FOOD's blockchain-based food traceability solution in five countries: France, Italy, Spain, Portugal and Senegal. More than 6,000 companies, including other leading global food retailers, have implemented TE-FOOD's solution. In related news, a major online retailer's crypto fund announced plans to purchase $2.5 million of equity stake (roughly 10 percent) in GrainChain, a startup that is developing a blockchain platform to aid farmers and purchasers in the grain industry by providing a more transparent vision of a grain supplier's source and eliminating the need for middlemen. Roughly 500 farmers are currently piloting the network, and the company expects to go live sometime in the first quarter of next year.

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