Nestle
Basics
- Based in Switzerland
- From Forbes Blockchain 50 (Apr 16, 2019):
"Over the last two years the $92 billion (sales) consumer goods giant has been testing blockchain technology in more than ten projects. Its most promising is with IBM Food Trust, where it is using blockchain to track the provenance of food ingredients in a handful of products, including Gerber baby food. That service is expected to be available in Europe later this year. Food-borne illnesses cost the U.S. $55 billion a year and can cripple a brand. Blockchain food tracking could reduce that cost and be a selling point for brands that participate. Full profile"
- From Forbes Blockchain 50 (19-2-2020):
"The world’s largest publicly traded food company launched three products thanks to IBM Food Trust in 2019, with another two slated by the spring. European customers can now scan QR Codes and track organic infant formula, baby food and instant mashed potatoes, from manufacturing to grocery shelf. Through OpenSC, Nestlé is also piloting another project with dairy farmers in New Zealand and palm oil producers in South America."
Tech
- Will use (19-2-2020): Hyperledger Fabric
- Using Braintrust (10-2021).
Usage
Competition
Pros and Cons
Team, investors, Partners
Team
- Key leader: Benjamin Dubois, manager of digital transformation (still as of 19-2-2020)
