IBM Food Trust Keeps Gaining Traction for Food Traceability Projects, but Validating Success Still Requires Data

Nueva Pescanova, one of Spain's largest seafood companies specializing in the fishing and processing of fresh, refrigerated, and frozen seafood products, announced that it would use IBM's blockchain-based Food Trust platform to trace its seafood products across the supply chain. IBM's solution is based on the GDST 1.0 standards and open-source technology like Hyperledger Fabric. Nueva Pescanova will start the project by tracing its shrimp fishing in Argentina and cultivation of Vannamei prawns in Ecuador. The company aims to offer consumers detailed information on product traceability, showing its initiatives in sustainability, quality, and food safety.