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Switzerland: Migros wants to reduce Blockchain food waste

Migros implements a Blockchain solution. The largest retailer in Switzerland, used in the sense of a technological infrastructure of Te-Food supply chains of fr

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Switzerland: Migros wants to reduce Blockchain food waste

Migros implements a Blockchain solution. The largest retailer in Switzerland, used in the sense of a technological infrastructure of Te-Food supply chains of fruits and vegetables to keep track of. The technology of Bitcoin should help, among other things, to reduce food waste.

By Phillip Horch
30. August 2019BTC$9.641,05 1.96%part Facebook Twitter LinkedIn xing mail

At Migros you pass in Switzerland. Finally, the company is the largest retailer in the country. It is represented in all cantons of the Alpine country as well as in Parts of Liechtenstein as well as some of the French Departments. Since the company supplies so much of Switzerland, with food, there is a high administrative burden – the Blockchain technology will now help to organize everything.

Migros relies on Blockchain

The technology that is Bitcoin a celebrity, is intended to create, according to an official communication, first of all, a better Overview of supply chains. Of which Migros is expected, in turn, to optimize and ultimately minimize food waste. In cooperation with the Blockchain-company, Te Food and the food chain from Switzerland wants to optimize the existing System. According to the report Migros suppliers have the opportunity to submit appropriate data to Migros. The existing System is apparently still the optimization is capable of.

Finally, the Blockchain technology offers, through its decentralised organisation and your transparency in supply chains an application of the Standard example, crypto-currencies (see Bitcoin) is.

Currently be designed in the project only for the internal communication, the Public will be noticed a little more.

Blockchain-technology in the Supply Chain

Supply Chains (supply chains) as in the case of Migros offer a popular use case for the Blockchain technology. The US-American IT-giant IBM is working with the technology, which is also available under the crypto-currency Bitcoin, in order to monitor supply chains. The Blockchain solution from IBM arouses a great interest in the industry. Such as Vodafone, Lenovo, Nokia, or one of the beverage manufacturer Anheuser-Busch want to test the technological infrastructure.

Far away from Switzerland, and Migros, in Uganda, to work, however, a Blockchain-based solution for fair trade coffee. Here, the technology should help to identify the dealer and manufacturer and to make the delivery routes verifiable.

Bitcoin and Blockchain in Switzerland

The Blockchain and the Bitcoin Ecosystem in Switzerland is thriving. So, for example, the "Crypto Valley" Zug moults for some time to the starting point for Bitcoin enthusiasts and Blockchain entrepreneurs. Also the Swiss Federal railway, SBB relies sometimes on Bitcoin – the crypto-currency at a ticket vending machine.

More:

Coinbase-report: crypto-interest of Elite universities rises, Switzerland: the Canton of Schwyz gets Blockchain support Maerki Baumann: a Swiss private Bank is in the crypto sector#Blockchain#Switzerland#Supply Chain
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