LG CNS to apply blockchain to school lunches

It will be based on LG's blockchain platform Monachain​.

LG CNS has announced plans to develop a blockchain-based food distribution platform that would open up value chain information to consumers.

The company will collaborate with SayIT, a local IT service provider, to develop the platform. It will be based on LG's blockchain platform, dubbed Monachain, which launched last year in May.

The new platform will be applied to foods being served at South Korean school cafeterias in collaboration with regional governments, which will provide information on agricultural products.

See also: LG CNS partners with Megazone Cloud in public cloud

Information on these products' production, processing, distribution, acquisition, and consumption will all be saved and made public.

The increased transparency would be aimed at helping parents protect the health of their children, LG CNS said.

Food producers would also be able to use the platform to send "mobile flyers" to promote their goods to customers, it added.

The company has also been building a similar platform since April that is focused on recycling batteries used in electric cars at Jeju Island.

The blockchain platform traces car batteries' specifications, production dates, inspection history, and distribution so that customers can measure how much battery life is left for effective recycling.

RELATED COVERAGE

MWC 2019: LG unveils 5G smartphone V50 ThinQ

LG has taken the wraps off its 5G smartphone at Mobile World Congress 2019, along with a dual-screen 'companion', and the LG G8 ThinQ with palm vein hand ID unlock.

LG and SK Telecom to co-develop 5G robots

LG Electronics and SK Telecom will co-develop autonomous robots that use a 5G Mobile Edge Computing-based cloud platform.

LG begins preorder for 8K 88-inch OLED TV

The OLED TV will go on sale in July at around $42,000 in South Korea.

LG develops AI chip for home appliances

The AI chip, which uses its own neural engine, is aimed at being used in home appliances.

LG is focusing on 5G mobility and AI for the future of jobs and transportation(TechRepublic)

LG is working with airlines to offer 5G technology for passengers during flights.