Swiss multinational food and drink processing conglomerate Nestlé and Carrefour have announced the first use of blockchain for their GUIGOZ® Bio 2 and 3 infant milk range.
According to the official press release, it is expected, that with the help of blockchain, the companies want to boost consumer confidence by providing transparency on product checks and origins.
"For Nestlé and Laboratoires Guigoz, this innovative blockchain technology creates a new benchmark for transparency and the high standards of care required to ensure the quality of their products," the announcement states.
The blockchain platform was reportedly made by IBM Food Trust's technical solution, based on Blockchain Hyperledger technology.
Earlier iHodl reported that the Canadian division of Walmart, Walmart Canada, and DLT Labs™ launched a blockchain-based freight and payment network.
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