Auchan to diversify TE-FOOD blockchain solution

Auchan is diversifying its TE-FOOD’s FoodChain blockchain solution aimed at the enhancement of the transparency of the product history. The TE-FOOD blockchain tool was tested for eighteen months in Vietnam. The company eyes on embracing the product traceability solution in France, Italy, Spain, Portugal, and Senegal. The blockchain solution has been implemented by Auchan.

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Auchan to diversify TE-FOOD blockchain solution

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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