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Olive oil suppliers sign on with IBM Food Trust blockchain

An olive oil cooperative in Spain and a supplier in Argentina have joined IBM Food Trust, which uses blockchain to trace the oil to its source, creating a verifiable transaction chain and allowing consumers to scan a QR code for information on a product's source. "Rolar de Cuyo's objective in using blockchain technology is to ensure olive oil packers worldwide trust and choose us," said Guillermo Jose Albornoz, the director of the cooperative.

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