• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Some Fortune Crypto pricing data is provided by Binance.
The LedgerBlockchain

Are You Eating Sustainable Fish? Blockchain May Provide the Answer

By
Jeff John Roberts
Jeff John Roberts
Editor, Finance and Crypto
Down Arrow Button Icon
By
Jeff John Roberts
Jeff John Roberts
Editor, Finance and Crypto
Down Arrow Button Icon
January 3, 2018, 7:16 AM ET
Courtesy: WWF

Eco-conscious diners can rely on restaurants to tell them their fish comes from a sustainable source, but it can be hard to know for sure.

That’s why a new certification system, launched by blockchain company Viant and the World Wild Fund for Nature, is intriguing: It provides a step-by-step way to verify a fish’s journey from the ocean to the market to the dinner plate.

The new initiative, announced in late December, is the latest example of how blockchain technology—a type of software that creates a permanent, tamper proof ledger—can transform supply chains and preserve the integrity of the food supply.

In the case of sustainable fish, you can see the beginning of the process in the photo above. The picture shows a wild yellowfin tuna caught off the waters of Fiji, which has been tagged with a QR code supplied by Viant.

The code means the fish is ready to be be logged into Viant’s blockchain system, which will record its progress to Los Angeles and allow groups like the WWF and its partner SeaQuest to verify the harvest is from a sustainable fishery.

“It’s immutable, verifiable proof that the yellowfin tuna you got in a restaurant was caught in Fiji, went through X distributor and arrived at the restaurant you’re now eating it today,” said Tyler Mulvihill, co-founder of Viant.

Mulvihill added it is up to the participants to decide what they want to upload to the blockchain and how they want to track the shipment. In the case of the tuna, for instance, the first recording to the blockchain could be a video of the fish being caught, while the distributors could use RFID instead of a QR code to access the ledger.

All of this is a reminder that, despite so much silly hype around blockchain right now—the restaurant chain Hooters’ effort to rebrand as a blockchain outfit is just the latest example—the technology is making real progress on the ground.

In the case of Viant, which built its Ethereum-based blockchain platform with the help of Microsoft Azure (MSFT) and the Brooklyn-based incubator ConsenSys, the fish tracking tool is just one use of its technology.

Viant is also providing its tracking services to pharma giant GlaxoSmithKline, which will use it to improve transparency in the licensing process, and to oil and gas companies. Mulvihill says Viant was operating in stealth during a year long trial period, but that all of its users are paying customers.

Viant is not the only one using blockchain technology to remake the supply chain process. Other notable examples include Walmart (WMT) and other retailers, which are using Hyperledger Fabric, an open source project developed in part by IBM, (IBM) to improve food safety safety.

There are also promising niche cases. These include a gem service called Everledger that has inscribed more than one million diamonds to a blockchain, helping to eliminate counterfeits and conflict stones.

About the Author
By Jeff John RobertsEditor, Finance and Crypto
LinkedIn iconTwitter icon

Jeff John Roberts is the Finance and Crypto editor at Fortune, overseeing coverage of the blockchain and how technology is changing finance.

See full bioRight Arrow Button Icon

Latest in The Ledger

CommentaryEndorsements
Keeping up with the SEC: Here’s what Kim Kardashian and your financial adviser have in common
By Michael BoeseNovember 29, 2022
3 years ago
FinanceFTX
Crypto lender BlockFi files for bankruptcy after FTX implosion
By Chris MorrisNovember 28, 2022
3 years ago
The LedgerFlorida
New York bans new crypto mining power plants—for now
By The Associated PressNovember 23, 2022
3 years ago
The LedgerFTX
Sam Bankman-Fried gives most detailed explanation yet about FTX’s collapse in letter to staff while still claiming ignorance of wrongdoing
By Joanna Ossinger and BloombergNovember 22, 2022
3 years ago
The LedgerCryptocurrency
Crypto brokerage Genesis said to be warning investors it may declare bankruptcy if it can’t raise at least $1 billion
By Lydia Beyoud, Sonali Basak, Vildana Hajric, Muyao Shen and BloombergNovember 22, 2022
3 years ago
The LedgerFTX
New FTX CEO hired to clean up Sam Bankman-Fried’s mess is being paid $1,300 an hour
By Jack Schickler and CoinDeskNovember 21, 2022
3 years ago

Most Popular

placeholder alt text
Real Estate
The 'Great Housing Reset' is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts
By Nino PaoliDecember 6, 2025
2 days ago
placeholder alt text
Politics
Supreme Court to reconsider a 90-year-old unanimous ruling that limits presidential power on removing heads of independent agencies
By Mark Sherman and The Associated PressDecember 7, 2025
1 day ago
placeholder alt text
AI
Nvidia CEO says data centers take about 3 years to construct in the U.S., while in China 'they can build a hospital in a weekend'
By Nino PaoliDecember 6, 2025
2 days ago
placeholder alt text
Economy
The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
By Jason MaDecember 6, 2025
2 days ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
12 days ago
placeholder alt text
Economy
JPMorgan CEO Jamie Dimon says Europe has a 'real problem’
By Katherine Chiglinsky and BloombergDecember 6, 2025
2 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.