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LONDON (Reuters) - Europe’s largest retailer Carrefour SA (CARR.PA) has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores, and will deploy it across all of its fresh product lines in coming years. The French retail giant said it will rely on blockchain technology developed by IBM (IBM.N), which is working with a number of retailers, logistics firms and growers to roll out systems to secure their global supply chains. IBM Food Trust allows the industry to track and share information on how products are grown, processed and shipped. The technology cuts the time for checking the provenance of food from days or weeks to seconds, IBM said.
Blockchain, best known as the technology underlying cryptocurrency bitcoin, is a shared record of data kept by a network of individual computers rather than a single party, Proponents say it has the power to transform industries from finance to real estate, but so far there have been few examples of its large-scale application, Carrefour Secretary General Laurent Vallee said kohls cufflinks the group would widen its use of the system to its 300 fresh products across the world by 2022, securing a safe supply chain and allowing customers to trust in their food..
“The key thing for us as Carrefour is to be able to say when there is a crisis that we have the blockchain technology, so we are able to trace products and tell the story of the products,” he told Reuters. Outbreaks of salmonella linked to eggs and poultry are a major challenge for the food industry. Nearly 207 million eggs from a North Carolina farm possibly contaminated with the organism were recalled in April, while the number of salmonella food poisoning cases in the European Union is rising.
Global businesses will pay around $212,000 a year for full use of Food Trust, which is now available worldwide, kohls cufflinks IBM said, Still, mass adoption of the technology could face hurdles, said Simon Ellis of U.S.-based market research firm IDC, “The efforts to convince growers to participate is not a minimal one,” he said, “Growers and farmers exist at dramatically different levels of technological sophistication.”, Pork processing giant Smithfield Foods SFII.UL is among other firms joining the project, IBM said, while science and technology companies contributing data to the blockchain now include Minneapolis-based 3M (MMM.N)..
PARIS (Reuters) - Planemaking boss Guillaume Faury was named as the next chief executive of Airbus (AIR.PA) on Monday, ending months of uncertainty over the leadership of Europe’s largest aerospace group and underlining the dominance of its commercial jet arm. The 50-year-old Frenchman will replace German-born Tom Enders when he retires at the next shareholder meeting in April 2019, the Franco-German-Spanish company said in a statement. Chairman Denis Ranque, a Frenchman, will step down when his own term expires in 2020, it added.
The announcement came after the board brought forward discussions on the handover amid a growing leadership vacuum in the wake of a series of management departures, internal and external graft probes and the pre-announced exit of Enders, It did so as the board grappled with the need to avoid appearing indecisive following months of uncertainty over the top job and a string of mid-level and senior departures, On Sept, 28, Reuters exclusively reported Airbus was kohls cufflinks moving swiftly towards appointing Faury as its next CEO and could announce a decision within weeks..
Faury was appointed head of the core planemaking business last December after Fabrice Bregier agreed to quit following a power battle with Enders, in a shake-up that also saw the German CEO draw back from plans to seek a third term in 2019. Pressure to end uncertainty over the CEO job grew with the resignation of sales chief Eric Schulz in August, with the former Rolls-Royce executive’s abrupt departure strengthening calls for an internal successor to Enders.. A person close to Enders denied there had been any leadership vacuum since he announced his intention not to seek a third term and said he had remained involved in the business.
As CEO of the only serious rival to U.S, planemaker Boeing (BA.N), Faury will continue to tackle industrial problems affecting some jet deliveries while overseeing smaller but increasingly autonomous helicopter and defense units, kohls cufflinks People familiar with the matter said he would not be replaced in his current role, though this did not exclude shoring up the operational management as two top industrial executives prepare to retire at the end of this year, The Airbus planemaking business merged with the parent group last year, but until now had maintained separate figureheads..