Copy link
Increase text size
Decrease text size
Link copied

R3, team up to enhance transparency and trust for food and agricultural supply chain using blockchain

Wed, 19 Jun 2019, 10:55 am UTC

Blockchain firms R3 and have teamed up to enhance transparency and trust in food and agriculture supply chains through the digitization and enterprise adoption of blockchain.

Under the partnership, will leverage R3's Corda Enterprise and Microsoft Azure to serve its growing food and agricultural customer base.

Corda Enterprise platform’s key features such as scalability and data privacy management will enable to better serve its institutional customers. By connecting into the Corda ecosystem,'s food and agriculture supply chain participants will join more than 300 of the world's largest companies already utilizing the R3 platform.

The collaboration will also enable to improve trust and confidence in the food supply chain through a platform which would allow anyone to access transparent and reliable information on the origin, the journey, sustainability and the quality of their food.

On the other, R3 will be able to expand its platform into the food and agriculture sector, which has largely remained untouched by its technology.

" has been on the forefront of engaging all of the actors in the supply chain to digitize activity from farm to fork. As a blockchain platform built with the rigorous privacy demands of global business in mind, Corda Enterprise is the perfect platform for their efforts. We are excited to welcome to the R3 community and to expand our ecosystem into food," said David E. Rutter, CEO and founder of R3.

The initiative is also backed by Microsoft, which will provide its cloud technology for data, security and improved blockchain capabilities for enterprises.

R3 and will explore incorporation of Microsoft's advanced AI platform and tools, specifically tailored to the needs of the vast food and agriculture domains that are in need of transparency and improved trust, enabling consumers to know more about their food.

"As digital transformation sweeps through the food and agriculture supply chain and extends beyond the walls of an individual organization, companies need solutions that enable them to securely optimize and share their business processes and data. We see as an agent of innovation and are thrilled to partner with them,” Craig Hajduk, Principal PM Manager, Microsoft Azure at Microsoft Corp. said.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $8,599.24 (-1.46%)
  • Ethereum (ETH) $165.86 (-1.90%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $340.32 (-0.22%)
  • Bitcoin SV (BSV) $289.13 (-8.63%)
  • Bitcoin (BTC) $8,599.24 (-1.46%)
Jan 22, 2020 (Wednesday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Mastercard, Standard Chartered and others join Singapore’s blockchain-based TradeTrust network to digitize international trade
Crypto Technicals: BCH/USD finds stiff resistance at 55W EMA at 358.85, break above to propel prices higher
Crypto Technicals: LTC/USD grinds higher, retraces brief dip below 200H MA
Square Crypto makes first major project announcement
Crypto accounting service Cryptio selected for ConsenSys’ Tachyon, reveals plans for 2020
Binance’s global P2P merchant program goes live
Huobi Group launches its own crypto brokerage platform
3 executives including founding team members leave SIX Digital Exchange (SDX)
Turkish City works on a new cryptocurrency to serve citizens better
Vodafone quits Facebook’s Libra to focus on own digital payment service M-Pesa
Crypto Technicals: ETH/USD correction holds above 110-EMA, set to resume upside as bias remains bullish
Grayscale Bitcoin Trust becomes SEC reporting company
Crypto Technicals: BTC/USD struggles to extend recovery, 'Death Cross' on hourly charts weighs
Six central banks team up to explore potential cases for CBDCs
Australia's APRA wants to supervise digital wallets like Facebook's Calibra
Didn’t ban cryptocurrencies but ringfenced banks from it, clarifies Reserve Bank Of India
Jan 21, 2020 (Tuesday)
Brave New Coin announces ‘Twitter Sentiment’ data for bitcoin
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.