US Seafood Giant Bumble Bee Foods to Use SAP Blockchain Tech in Supply Chain

Published at: March 8, 2019

North America’s largest branded shelf-stable seafood firm Bumble Bee Foods has launched a blockchain platform for seafood traceability. The project was created in collaboration with German tech company SAP specializing in enterprise software, according to a press release on March 8.

Based on SAP Cloud Platform Blockchain service, the new platform can purportedly monitor the supply chain of yellowfin tuna from Indonesia to end customers.

The announcement was made at the annual industry conglomerate South by Southwest Conference (SXSW) that is taking place from March 8 to March 17 in Austin, Texas, United States.

Customers will purportedly be able to observe the entire supply chain, and access information on products’ origins and shipping history by using a smart device to scan a QR code on the product package.

The blockchain-stored data will include the size of the catch, the point of capture, as well as information about authenticity, freshness, safety, and trade fishing certification.

Oliver Betz, global head and senior vice president of SAP Innovative Business Solutions, said that blockchain technology, “creates transparency and traceability across the food supply chain...”

Recently, French retail giant Carrefour applied blockchain technology for tracking its milk supply chain. Consumers will be able to see the GPS coordinates of farmers whose animals’ milk was collected, get information about when the milk was collected and packaged, as well as find out about various stakeholders involved in the product line.In January, the Food and Drug Administration of the Chinese Chongqing Yuzhong District announced it will implement blockchain technology to improve monitoring of food and drug quality assurance.

Tags
Related Posts
Blockchain Could Help to Boost Global Jobs Creation
A report published by the World Economic Forum, or WEF, highlighted the critical role of fourth industrial revolution technologies. New technologies like blockchain could help stimulate growth by implementing “nature-positive” solutions following the COVID-19 outbreak. According to the “Future of Nature and Business” study shared with Cointelegraph, nature-friendly solutions could have the capacity to create 395 million jobs and generate $10.1 trillion in business opportunities by 2030. Inger Andersen, United Nations Under-Secretary-General and Executive Director of the UN Environment Program, commented on the matter: “As we enter into a historic decade of action to halt and reverse biodiversity loss by …
Adoption / July 14, 2020
Big Four Auditor EY Provides Blockchain Solution for New Wine Traceability Platform
Big Four audit firm Ernst & Young (EY) is providing its proprietary blockchain solution for a major new platform that helps consumers across Asia determine the quality, provenance and authenticity of imported European wines. The news was revealed in an official EY press release on May 23. The e-commerce platform, dubbed Tattoo, has been developed for Blockchain Wine Pte. Ltd. using EY’s OpsChain blockchain solution, which launched in fall 2018. As reported, the solution is EY’s flagship blockchain product, enabling secure and private transactions to take place on the Ethereum (ETH) public network by using zero-knowledge proof (ZKP) technology. According …
Adoption / May 27, 2019
Canadian Firm to Build Blockchain-Based Supply Chain Platform for Cannabis Industry
Canada-based blockchain and crypto company DMG Blockchain Solutions Inc. (DMG) has announced the development of a global supply chain management platform for the legal cannabis industry, according to an announcement published Oct. 17. As reported by Canada’s national public news and information service CBC, the country’s government officially legalized recreational marijuana as of today. Cannabis was previously available only for medicinal use within the country. According to Health Canada, there are currently over 120 licensed cannabis producers in Canada, where one of the top producers has already stated that labor shortages and supply chain issues could lead to scarcity soon …
Adoption / Oct. 17, 2018
Walmart Canada Rolls Out Blockchain-Based Freight and Payment System
Walmart Canada — the retail giant’s Canadian branch — has rolled out an automated blockchain-based network for freight tracking and payments management, according to a Nov. 14 press release. The new system, which was developed in collaboration with blockchain company DLT Labs, is designed to improve freight and payment processing, enabling users to automatically trace deliveries, verify transactions and handle payments and reconciliation. Integration with each company’s legacy systems The release further states that the network can be integrated with a business’s legacy system and “manages, integrates and synchronizes all the supply chain and logistics data in real time, aggregating …
Adoption / Nov. 14, 2019
PwC Analyst: Blockchain Gives ‘Illusion of Traceability’ for Walmart
Experts allege the biggest hurdle facing the blockchain systems being adopted by food retail giants such as Walmart and Nestlé has nothing to do with the technology itself. In an interview with Tech Wire Asia, published on Nov. 7, Craig Heraghty — Agribusiness Leader at “Big Four” auditor PwC — reflected on the rising trend of blockchain among major retailers globally. He argued that: “The weakest link in the chain is not blockchain or any technology, the weakest link is the piece of sticky tape that puts the label on the package. You have to think like a fraudster and …
Adoption / Nov. 7, 2019