Looking ahead: Walmart and food supply chains

October 25th, 2016

“It's not worth doing something unless someone, somewhere, would much rather you weren't doing it.” – Terry Pratchett



Walmart wants to bring us safer food.

Last week’s announcement of its blockchain pilot for the pork product supply chain was just the tip of the iceberg. The retail giant has confirmed to CoinDesk that it plans to apply what it learns from the project to other food supply chains, in China and elsewhere.

The integration of the blockchain into the process is expected to enable a more transparent, accurate record of supply chain transactions. In addition, it should reduce waste by helping to better plan deliveries.

The potential benefits don't stop there. A successful rollout could also strengthen Walmart’s competitive position by stressing food safety and enhancing consumer trust. (Read the full story.)



More news:

· CSDs in Russia and China to collaborate on post-trade blockchain applications. More details.

· Consumer’s Research publishes a white paper on consumer protection for blockchain businesses. Take a look.

· Ethereum classic forks to resolve vulnerabilities. Mixed reactions.   

· Fluent unveils credit insurance project, in partnership with subsidiary of Allianz. The story.

· Capital One and Gem are working on a healthcare claims blockchain. More info.

· BTCC releases Mobi wallet preview, for hedged money transfer and easy UX. New approach.

· IBM and FreshTurf to pilot a storage locker blockchain. More efficient deliveries.


 
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