Wal-Mart’s blockchain traceability project shows promise for food safety | Food Dive

Dive Brief:

  • Wal-Mart says it’s seeing encouraging results from a new traceability initiative that uses blockchain technology to track products through the supply chain, according to Supermarket News. The system can reveal a product’s journey from source to shelf in a matter of seconds rather than days.
  • The test, which tracked pork in China and mangoes in the U.S. market, establishes a digital history for each product, including farm information, batch numbers, factory data and expiration dates.
  • Because the new technology could reduce food waste and aid food safety efforts, Wal-Mart sees its blockchain system as a non-compete initiative, and has encouraged collaboration from other retailers and suppliers.

More at: Wal-Mart’s blockchain traceability project shows promise for food safety | Food Dive

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