blockchain & food safety · blockchain & food safety provenance in the supply chain 15...

Blockchain & Food Safety Provenance in the supply chain

15 March 2017

Richard StockleyHead of Blockchain – UKIrstockley@uk.ibm.com

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

rstockley@uk.ibm.com

https://www.linkedin.com/in/richardstockley

@rgstockley

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