Topco Associates tests out Mastercard blockchain technology
Topco Associates, a US food cooperative, is to pilot Mastercard’s blockchain tech in its supply chain.
It will test out a traceability platform developed by logistics firm Envisible. The Wholechain platform is based on Mastercard’s blockchain-based Provenance solution.
Topco is working with its member grocery chains, starting with Food City, to use the technology for better line of sight into ethical sourcing and environmental compliance of the seafood selection sold at their stores. The first of several species to be tracked will be salmon, cod and shrimp.
“Our grocers will be able to stock shelves with confidence and also be able to pinpoint issues in the food chain during any unfortunate events such as recalls,” says Dan Glei, Executive Vice President, Merchandising and Marketing, Food City.