Bitcoin Global News (BGN)
April 11, 2019 -- ADVFN Crypto NewsWire -- What’s the most
important company related to incentivizing institutional usage of
the blockchain? Though several different answers exist, many
industry professionals would likely answer IBM. From essentially
launching and continuing to develop the Hyperledger blockchain
framework, to supporting the Stellar network, to putting food on
the blockchain, there is not much that IBM hasn’t done for the
space.
While some of these areas of focus
have been relatively quiet as of late, their Food Trust platform
seems to have risen to the top of the pack, simply due to its’
recent growth in its’ user base. Given the fact that IBM’s efforts
related to putting food on the blockchain started with Walmart and
a large Chinese University back in 2016, it should not be a
surprise that they continue to succeed in this respect.
Since 2018 included some of the
world’s biggest grocery retailers and food suppliers signing up for
Food Trust, it was easy to wonder when just about everyone else
would follow suit. Widespread adoption was really beginning to look
viable in this particular case.
With today’s news that Alberstons
Companies, which is the world’s second largest grocer, has joined
Food Trust, it now appears clear that IBM will lead the way in
using the blockchain to improve large supply chains.
According to CoinDesk’s piece on
the subject today, Albertsons will actually start their usage of
IBM’s food tracking blockchain with a small group of lettuce
suppliers. Since these suppliers specifically deal in romaine
lettuce, it is easy to see another added benefit in their adoption
of the blockchain related to the health of their
customers.
Perhaps, as CoinDesk suggests,
tracking produce from end-to-end in a way that is fully transparent
and therefore, more easily auditable than ever will reduce the
likelihood of events occurring like the E-coli outbreak of
2018.
Since Albertsons is also reportedly
researching using the blockchain to prove the authenticity of one
of its’ product lines, it would appear that they are receptive to
the idea of adopting the blockchain at scale.
With this in mind, will IBM
continued its’ frenzied pace, all the way to the top of the
blockchain industry? Is there an IBM coin in the future?
By: BGN Editorial Staff