North America’s largest branded seafood company to use blockchain for supply chain

Layer 1s • March 10, 2019, 12:27PM EDT
UPDATED: March 10, 2019, 12:30PM EDT
The Block

Bumble Bee Foods, the largest branded seafood company in North America, announced that it is using blockchain to trace the journey of yellowfin tuna "from the Indonesian ocean to the dinner table." 

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Bumble Bee has partnered with SAP to use blockchain-as-a-service (BaaS), which SAP claims provides the easiest, lowest-risk gateway to experimenting with distributed ledger technology in the cloud.

Customers will be able to access the complete timestamped history of each yellowfin tuna by scanning a QR code on the packaging. They will be able to find out details including the size of the catch, point of capture and the fishing community that caught it. Bumble Bee Foods wants to start migrating all products to a blockchain-based system in 2019.

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Larry joined crypto research full time in early 2017 and has expertise in capital markets, market structure and early stage DeFi companies/protocols and token economics. He has a background in economics and finance.

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