Todd Scott, vice president of IBM Blockchain Global Trade spoke about blockchain projects IBM is engaged in as well as IBM’s cooperation with Stellar. He also said that Wold Wire will enable the use of stablecoins, and much more.
Nestle has launched a new blockchain initiative with OpenSC to run concurrently with the ongoing IBM project with the aim of enhancing viability, feasibility, and scalability of the food supply system.
Walmart will take part in a drug-verification pilot with IBM, KPMG, and Merck. Backed by the US Drug Supply Chain Security Act and is aimed to explore how blockchain can solve issues in the drug supply chain.
Target, the eighth largest retailer in the US, has been working on a blockchain-powered solution for supply chain management. The project called ConsenSource helps to verify whether products are sourced sustainably from certified factories.
Carrefour will use the IBM Food Trust blockchain platform to expand its product range internationally while tracking more than 12,000 operational stores across 33 countries.