Aug 21, 2018Naturipe Farms embraces blockchain tech
Naturipe Farms recently announced it was working with data management firm SAP on a blockchain project to increase food safety and reduce food waste.
Blockchain technologies typically act as a digital ledger in which transactions are recorded chronologically and publicly.
The group hopes to build a next-generation, farm-to-consumer “track and trace” framework, or a digital supply chain.
“Currently, food supply chain stakeholders record their own product information and share only if necessary,” said Carol McMillan, Director of IT for Naturipe. “The goal is to help create a system with higher trust and transparency between companies to increase speed and operational simplification.”
SAP Senior Vice President for IoT and Digital Supply Chain Hans Thalbauer said the group was working with leading brands in the industry to find a blockchain solution for supply chain challenges.
McMillan is scheduled to speak on a panel at the SAP Enterprise Blockchain Symposium, Sept. 5-6, 2018.