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South Korea to Use Blockchain for Tracing Beef Supply Chain

beef 864x467 - South Korea to Use Blockchain for Tracing Beef Supply Chain


Also in August, global food and retail companies, including Nestlé, Unilever, and Walmart, was collaborated with IBM’s to explore how blockchain technology can to improve traceability in their supply chains. IBM noted that the use of blockchain technology can reduce the cost of the average product recall by up to 80%.



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