cryto

blockchain

Walmart Wants its Produce Suppliers to Implement Blockchain Tech for Food Safety Measures

Walmart an American multinational retail corporation in a recently published press release introduced its plans to take the retail industry on a skyrocket height by using Blockchain- a revolutionary technology of future which ensures faster traceability and trust factor. To embrace this technology, the U.S. retail giant Walmart and its sub-division Sam’s Club, a membership-only retail warehouse club has been seen working with IBM on a food safety blockchain solution platform for food safety measures.

Reportedly, it made the announcement of demanding suppliers of leafy green vegetables to upload their data to the blockchain by September 2019 for implementing a robust tracking system from farm-to store tracking platform based on blockchain & DLT technology. For this initiative, Walmart is collaborated with IBM Food Trust Solution, specifically developed for this use case.

The attempt arises against the rousing challenge of an E. coli outbreak that originated in Arizona earlier this year. The U.S. Centers for Disease Control and Prevention (CDC) conferred with Walmart to improve product traceability in order to help health officials track and manage the outbreaks of foodborne illnesses.

Although the authorities at the Center for Disease Control forewarned consumers to evade lettuce grown near the city of Yuma.

Frank Yiannas, Walmart’s vice president of food safety revealed that it was difficult for customers to confirm where exactly their produce was grown.

He further stated:

“None of the bags of salad had ‘Yuma, Arizona’ on them. In the future, using the technology we’re requiring, a customer could potentially scan a bag of salad and know with certainty where it came from.”Based on the announcement, Walmart cleared that whether product suppliers or any concern involved with Walmart is obliged and adhere to follow the rules with the IBM Food Trust network to invent end to-end traceability in two phases. The blockchain platform will potentially make the process simpler for Walmart to source any food items quickly.

With the release, Frank Yiannas, remarking that tracing such items at present is “an almost challenging issue to counteract and overhaul the entire system.”

Frank Yiannas conducted a traceability experiment with sliced mangoes, asking his team to track that product back to a farm:

It took them nearly seven days, as the methods of tracking today are antiquated — sometimes done with pencil and paper. It is worth noticing that with blockchain technology, that process will take just 2.2 seconds, the company claimed.

Walmart’s prerogative initiative on deploying blockchain tech will radically improve efficiency. The company will require a similar traceability system for other fresh fruit and vegetable providers within the next year and for that over 100 companies will be required to implement IBM’s blockchain service.

Related Posts

Leave a Reply

Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

HOT TOPIC

blockchainIn, , , ,
WeChat Closed blockchain & Crypto News Accounts
August 23, 20180
blockchainIn, ,
Seoul’s Top Telco Launches its Blockchain Network
July 29, 20180

LITECOIN NEWS

blockchainIn, , ,
RVN Surges in Value, Up 200% After Binance Listing
October 23, 20180
blockchainIn, , ,
Mike Novogratz Claims Q1 2019 Could See Bitcoin Price Surge
October 22, 20180


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin6,400.50 0.13 % 0.35 % 2.08 %
Ethereum202.34 0.02 % 0.54 % 2.85 %
XRP0.447 0.22 % 1.26 % 0.85 %
Litecoin51.78 0.08 % 0.92 % 5.11 %
Bitcoin Cash439.80 0.18 % 0.75 % 3.96 %