Thursday, January 21, 11:57
Home business LG: Creating a food distribution platform based on a blockchain

LG: Creating a food distribution platform based on a blockchain

LG CNS recently announced its new venture. It therefore prepares the development of a food distribution platform based on blockchain, which will provide specific information consumers.

In order to do this, he will work with a local IT service provider SayIT and will build on the already existing LG blockchain platform launched in May of 2019, Monachain.


The original aim of this project will be South Korean schools. So the platform will be applied to food provided in the country's school cafes. Direct government cooperation will also provide information on agricultural products in the region.

The basic information to be obtained by platform and will then disclose information about the production, processing, distribution, acquisition and consumption of the product in question.

As the LG CNS reported in every blockchain, there is transparency that will help stakeholders - in this case the parents - to look after their children's health through their eating habits. At the same time, the platform will be able to advertise their products, various local and non-productive online brochures.

This is not the first such kind of undertaking that is being dealt with company. Already in April, LG is building a similar platform. This particular concerns the Jeju island and the recycling of batteries used in electric cars.


In essence, the platform monitors battery data, production dates, and distribution. This way, customers will know how long their battery life is and how much they have left for recycling.

The LG pioneer in issues technology has surprised us several times with its new initiatives. A few months ago, it announced the development of its own chip artificial intelligence, for use in home appliances. This chip is built into the LG Neural Engine. Still will provide gadgets with AI capabilities (Artificial Intelligence) that will protect the data and will work without an internet connection.

The company's announcement was that its future cleaners robots, washing machines, refrigerators etc will have this AI chip installed.


Please enter your comment!
Please enter your name here

In a world without fences and walls, who needs Gates and Windows


COVID-19: Amazon wants to help Biden distribute the vaccines

Amazon has offered to help President Biden distribute COVID-19 vaccines. The letter from Dave Clark, vice president ...

Nitro PDF: Leaked database with 77 million user files!

Hacker leaked on January 20 a stolen database containing email addresses, names and passwords for over ...

Hackers provide free online 2 million Pixlr user files!

Hackers have leaked 2 million Pixlr user files containing information that could then be used to execute ...

Donald Trump: Thanks to Lil Wayne, not to Julian Assange!

Outgoing US President Donald Trump will award today thanks to rapper Lil Wayne in a final wave of pardon that ...

NASA: Uses AI to locate new craters on Mars Τα τελευταία 15 χρόνια, το Mars Reconnaissance Orbiter της NASA περιφέρεται γύρω από τον Άρη μελετώντας...

Windows 10: How to view recently installed updates

Microsoft frequently updates Windows 10, but it is not always clear when each update is installed. Fortunately, there are two easy ways ...

Lorex launches a bell with a 2K camera that detects faces

Lorex launches a new device for smart homes - the bell called "2K QHD Wired Video Doorbell with Person ...

Security awareness is not enough to deal with threats

Significant changes have been made in recent years in dealing with cyber threats. The human factor is now taken seriously in safety. For example,...

MeWe: Gained 2,5 million users in one week!

The social networking platform MeWe saw the number of its users increase significantly after the WhatsApp scandal.

Fake collaboration apps "infect" employees and steal data!

With the outbreak of the COVID-19 pandemic, a large percentage of organizations have experienced malware attacks on remote devices as employees work ...