Tuesday, September 25, 2018

Walmart Tells Produce Suppliers to Use Blockchain by Next September

Walmart plans to sell leafy greens that are tracked using blockchain technology within the next year.
In a press release published Monday, the world's largest retailer both by revenue and by employee count announced that it told its suppliers for leafy green produce to integrate a blockchain-based tracking system built in collaboration with IBM by September 2019.
According to the letter sent to suppliers, any company working with Walmart must work with the IBM Food Trust network to create end-to-end traceability in two phases. The blockchain platform will make it easier for Walmart to source any food items quickly, with the release noting that tracing such items at present is "an almost insurmountable challenge."

Red the full article here:
https://www.coindesk.com/walmart-will-start-tracking-groceries-on-blockchain-in-2019/

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