Carrefour debuts blockchain in its supply chain as part of transformation plan

By Johan De Mulder

Carrefour has launched what it's calling 'Europe's first food blockchain' in a transformational move for its supply chain.

The French retailer is to introduce blockchain technology to eight of its product lines by the end of 2018 after a successful implementation for its free-range Carrefour Quality Line Auvergne chickens.

Its system offers consumers full traceability on the products, fulfilling the demand for transparency and giving breeders a means to showcase their expertise.

See also:


In January Carrefour revealed 'Carrefour 2022', its highly-anticipated transformation plan for the next four years centred around a huge investment in its digital presence and the slashing of other costs.

"To become the leader of the food transition for everyone is the aim that Alexandre Bompard (CEO) has set for the Carrefour group," said Laurent Vallée, Carrefour's general secretary and head of quality and food safety. 

"Making use of blockchain technology is an exemplary step in meeting this aim. This is a first in Europe and will provide consumers with guaranteed complete transparency as far as the traceability of our products is concerned."

Share

Featured Articles

Middle East GDP hike of 57% if more women join workforce

By tapping into the potential of next-generation female workers, the MENA region could unlock new economic opportunities, up to US$2 trillion, reports PwC

Dialight supplies LED solutions for industrial safety

Reliance on inefficient lighting technologies are not only harmful to the environment, but also increase injury risk and cost

Top 10: Tech, AI, cloud, cyber speakers at TECH LIVE LONDON

TECH LIVE LONDON events sees technology leaders from IBM, Oracle, Vodafone, JP Morgan, Accenture and the US Space Force among the inspirational speakers

Cyber LIVE adds Vodafone head of cyber Kawalec to line-up

Leadership & Strategy

Musk’s multibillion hostile Twitter takeover – the timeline

Leadership & Strategy

Sustainable moves businesses can make to win customers, IBM

Sustainability