Join | Sign In
Blockchain Technology will help Walmart ensure Clean Produce for Consumers
867 views
0 comm

Blockchain Technology will help Walmart ensure Clean Produce for Consumers

Staff

To combat E Coli outbreaks, Walmart is requiring their leafy green suppliers to utilize blockchain technology.

 

As part of their Food Traceability Initiative, Walmart is utilizing IBM Food Trust and its tested blockchain technology to trace their produce from farm to store shelf, so as to better prevent outbreaks of contaminated food.

 

The Decentralized Ledger Technology that IBM Food Trust uses clearly connects all parties involved in the growing, processing, and distribution of products, or in this case, leafy green vegetables. While Walmart has attempted a similar practice before to little avail, they are certain that this venture will be more fruitful, especially since it will not be costly for the farmers or transporters involved.

 

Exima is a firm believer in blockchain technology, our partner network Export Portal is developing its own proprietary blockchain network. With even major retailers investing in resources like these, small and medium businesses would do well to register with our platform and get a head start on the future of ecommerce.

 

Source: https://www.automationworld.com/walmart-gets-bold-about-blockchain

 

You may also like

Nov 18
2020
Political Economy vs. Economic Policy: What is up with the Turkish Economy?
Political Economy vs. Economic Policy: What is up with the Turkish Economy?

The Turkish economy is currently in the depths of a recession, experiencing high unemployment rates and inflation. So what actions must the government take to save the country?

Staff
Comments (0)
Nov 20
2020
The escalating tensions between the US and China
The escalating tensions between the US and China

The tension between the US and China is continuing to escalate as they try to assert political dominance over one another. Read our blog to see what the current situation is like.

Staff
Comments (0)
This website uses cookies. By using this website, you consent to our use of these cookies