Korean Food Giant Nongshim’s Subsidiary Taps Blockchain for End-to-end Traceability of Beef

NDS, a subsidiary of Korean food producer Nongshim, has partnered with blockchain startup Ambrosus to track and trace premium quality beef sold by food retailer Mega Mart.

NDS, a subsidiary of Korean food producer Nongshim, has partnered with blockchain startup Ambrosus to track and trace premium quality beef sold by food retailer Mega Mart.

In an online post, NDS said that it has been doing blockchain research based on Hyperledger Fabric and Ethereum. Nongshim Group has also developed a solution to implement blockchain technology in the field of food safety.

Founded in 2017 by Angel Versetti and Dr Stefan Meyer, Ambrosus is a blockchain-powered IoT network for food and pharmaceutical enterprises that aims to optimise supply chain visibility and quality assurance. It will use the AMB-NET blockchain to pioneer a beef traceability model in Mega Mart, which will let company partners and consumers to easily access detailed information about the history and transportation surrounding each cut of beef.

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