Dole to Implement Blockchain Supply Chain Tracking in All Food Departments by 2025
The Dole Food Company, one of the world’s leading fruits and vegetable distributor has decided to join the blockchain bandwagon as it announced its 5-year plan to introduce blockchain-based tagging and food tracing in all its departments by 2025, according to Bitcoin Exchange Guide. The food business is planning to launch advanced traceability solutions to ensure the highest quality of food safety across its major business departments.
The sustainability report released on Wednesday contained a blueprint on how the world’s leading fruits and vegetable distributor is going to redesign its network to incorporate blockchain-based traceability solutions. One of the major goals listed in the blueprint or redesign work was to identify the trouble spots in its supply chain and increase the speed to make amendments to it to meet its 2025 deadline.
The Dole Food Company has also been working with IBM Food Trust to help them with redesigning their supply-chain management. IBM has emerged as one of the leading players among the mainstream tech firms to research and develop various blockchain-based enterprise solutions. It is already working with Nestle, the leading food and beverage company to help them incorporate blockchain in their supply chain to improve the quality and safety of foods that reach the customers. The sustainability report said: “Blockchain cuts the average time needed for food safety investigations from weeks to mere seconds. Produce that’s been logged via blockchain can be instantly traced back through the supply chain, giving retailers and consumers confidence in the event of a recall.”
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