Blockchain Food Safety China

Information on the platform can be retrieved at various phases of the supply chain and shared with the parties involved to help them.

Blockchain food safety china. Blockchain food safety platform launched by walmart china posted on 1 july 2019 1 july 2019 by toshendra kumar sharma as announced in a press release on june 25 the chinese arm of walmart the u s. A regional supervisor of one of china s food markets has announced an agricultural product traceability platform based on blockchain ai big data and cloud computing reported rfid world the platform used by the guangzhou municipality s market supervision bureau aims to monitor the flow of food products and enable better market control for the administration to ensure food safety. Walmart china turns to blockchain for food safety. Pwc and vechain used for blockchain system that will cover 100 product lines by the end of 2019.

Walmart china takes on food safety with vechainthor blockchain technology. China is the best place to apply blockchain to solve food safety issues says billy chan ceo of dropchain a blockchain solution startup. 25 06 2019 14 37 the announcement of the walmart china blockchain traceability platform came with the introduction. The alliance relies on ibm s blockchain platform which serves as a distributed ledger to provide an audit trail of data on the supply chain of food products.

Chinese companies have good reasons for embracing new supply chain solutions. The scale of the food industry combined with the country s general tech readiness is making this an exciting space to watch in the shadow of sanlu. Their goal is to enhance food tracking traceability and transparency while achieving greater safety within the food supply chain.