Nestlé Rises to DLT Challenge, Expands IBM Food Trust Blockchain Tool to Coffee
On April 6, Nestlé announced that the company is expanding its long-running IBM Food Trust blockchain technology platform to its coffee brand Zoégas. Under the partnership, the organization will purportedly provide its own certification information about the coffee and record the data directly on the IBM Food Trust blockchain platform.
Nestlé joined Walmart-founded IBM Food Trust in 2017 As reported by Cointelegraph, tech giant IBM launched its Food Trust in October 2018 with the purpose of bolstering food safety with blockchain. Nestlé admitted that its blockchain venture was more challenging than other projects The IBM Food Trust isn’t Nestlé’s sole blockchain foray.