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Walmart s vice president of food safety frank yiannas has called the technology the holy grail when used as the backbone of a digital currency as with bitcoin one can see not only who has what now but who had what a week ago or a year ago because the ledger is a complete history of that currency.

Blockchain food safety walmart. However as soon as you use the blockchain to record the movements of something that cannot be digitized a banana for example it creates a point of failure. Is getting suppliers to put food on the blockchain to help reduce waste better manage contamination cases and improve transparency. Walmart has been working with ibm on a food safety blockchain solution and today it announced it s requiring that all suppliers of leafy green vegetable for sam s and walmart upload their data. The walmart food traceability initiative is part of the ibm food trust network.

How it s gonna work. This includes responsible cultivation and sustainable farming to produce high quality seafood produce. The latest to join the list is walmart which intends to use the blockchain technology to improve food safety. There s a two phase implementation with one step traceability required by the end of january.

68 2 of food safety events happened in china were caused by illegal activities 10 ibmblockchain 2017 ibm corporation walmart ibm are working on 2 pilots around food traceability transparency. Walmart recently made it mandatory for all suppliers of fresh produces to give end to end traceability to its local food supply chain by installing ibm enterprise blockchain. Yesterday walmart asked all suppliers of fresh leafy greens to implement blockchain traceability within a year. In a recent interview frank yiannas walmart s food safety vp announced walmart s intention to adopt the distributed ledger technology or blockchain for food tracking system to improve food.

The blockchain pilot will allow smallholder farmers to export to walmart s membership only retail warehouse sam s club food safety programme which requires suppliers of seafood products to complete internationally recognized standard best aquaculture practices bap. 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. Walmart china turns to blockchain for food safety. Supermarket giant has partnered with pwc pricewaterhousecoopers and vechain to launch the blockchain traceability platform for addressing the food safety concerns of customers.

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