LG CNS, a subsidiary of LG Corporation, and local IT service provider SayIT will use blockchain to enhance transparency of supply chain for school lunches. The new system will be driven by “Monachain,” LG’s blockchain platform launched in May 2018.
The system will be implemented for foods served at national school cafeterias. It will provide transparent information on products’ production, processing, distribution, acquisition, and consumption.
The platform will be supported ad system, which enables food producers to distribute mobile flyers promoting their goods to users.