Blockchain in retail and logistics: Walmart conducts experiments

Blockchain in retail and logistics: Walmart conducts experiments

American distribution network Walmart has started an experiment on implementing the logistic tool based on blockchain.

It was developed by Hyperledger consortium in cooperation with Linux Foundation and IBM.

The service helps to monitor a way of food products from suppliers to supermarkets.

It operates such data as expiry date of delivered products, requirements to transport conditions and storage temperature.

Blockchain in retail and logistics: Walmart conducts experiments

Chinese pork has become a test product. Such a choice was caused by the worsened reputation of PRC’s suppliers: one noted fatal poisoning incidents caused by their dairy products six years ago.

Walmart headship tells that shifting to blockchain is required in order consumers understand who delivers their products and where they come from.    

In September, it got about that Co-op Food British cooperative has started testing such a scheme. It is referred to blockchain that shows the whole fish delivery chain – from fishing-out to entering supermarkets.

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