blockchain & food safety · blockchain & food safety provenance in the supply chain 15...
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Blockchain & Food Safety Provenance in the supply chain
15 March 2017
Richard StockleyHead of Blockchain – [email protected]
https://www.linkedin.com/in/richardstockley/
@rgstockley
What is
Blockchain?
What is IBM doing
in Blockchain?
Introducing
Food Trust
Trust &
Transparency
enabled by
Blockchain
4
Blockchain will fundamentally change business processes
Party A
Bank
Auditor
Party B
Traditional
Clearing
House
…inefficient, expensive, vulnerable …provenance, immutability, finality
Privacy
Shared
ledgerSmart
contract Consensus
Party A’s
records
Auditors
records
Banks
records
Party B’s
records
With Blockchain
5
How can I trust that a diamond is conflict-free?
6
Blockchain benefits enable new business models
Saves
time
Removes
cost
Reduces
risk
Increases
trust
Transaction time
from days to near
instantaneous
Overheads and
cost intermediaries
Tampering, fraud
& cyber crime
Through shared processes
and recordkeeping
7
IBM Blockchain brings
together the world’s
most advanced
expertise, technology
and ecosystem to
transform industries
ExpertsCollaborate with
comprehensive
services teams from
ideation all the way to
production
SolutionsSolve critical industry
challenges by
building and joining
new
business networks
PlatformDevelop, govern and
operate enterprise
blockchain networks
with speed and
security
As a founding and
premier member of
Hyperledger, we’re
committed to open
source, standards
and governance
8
Trade Finance Pre and Post Trade Complex Risk Coverage
Identity/ Know your customer (KYC) Unlisted Securities/ Private Equity Funds Loyalty Program
Medicated Health Data Exchange Fraud/ Compliance Registry Distributed Energy/ Carbon Credit
Supply Chain Food Safety Provenance/ Traceability
Making blockchain real with over 400 engagements
© 2017 IBM Corporation© 2017 IBM Corporation
One third of all food globally goes to
waste. In the US, consumers throw
away $29B annually
Consumers are demanding improved
transparency, accountability,
responsibility, & trust.
Food Fraud
incidents cost
the industry
$40B/yr
1 in 10
consumers fall
ill, globally 420k
die annually
Drivers in the Food Industry
10
Challenges
Manual, paper-
based
processes
Onerous
regulatory
record keeping
Quickly
identifying
contaminated
food source
Food safety
certificates and
audit reports
11
How long does it take to
trace a package of sliced
mangoes back to the farm?
Typical manual, mixed digital and
paper-based method
IBM Food Trust digital solution
6 days
18 hours
26 minutes
2.2 seconds
12
Introducing IBM Food Trust™ built
on Blockchain technology
Set of modules providing traceability
to improve food transparency and
efficiency
Blockchain is used to create a trusted
connection with shared value for all
ecosystem participants, including end
consumers
13
Growers ConsumersLogistics RetailersManufacturers Distributors
Millions of participants will view their permissioned section of
the same information in a trusted, scalable network
RegulatorsCertification Bodies
14
The First Food Trust Modules
IBM Blockchain Platform
Product
Recall
End-to-end traceability
Verified history
Real-time location & status
Upload & Access
Manage & Share
Audit
Certificate
Management
15
We are scaling the IBM Food Trust digital ecosystem, starting
with early adopters to innovate and test the solution
Participation
Value
Adoption by Innovators
Advanced Analytics: Analytic tools
dramatically raise the value of the more
complete data set
Enterprise Ready: Built for business usage
with security, scalability, reliability, etc.
Adoption by Ecosystem
Early adoption by key
influencers and innovators
Shared Value: Value proposition/pricing
resonate for all ecosystem participants
User Experience: Easy to onboard and obtain
value for participants at any technological
maturity level
Questions? Tweet us or go
to ibm.com/blockchain
@IBMBlockchain
IBM Blockchain
IBM Blockchain
Thank You.
Richard StockleyHead of Blockchain – UKI
https://www.linkedin.com/in/richardstockley
@rgstockley
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