Walmart: Blockchain Food Tracking Test Results Are ‘Very Encouraging’
Global retail giant Walmart presented its blockchain work during an annual investor event last week, showing encouraging results.
Supermarket chain Carrefour has reportedly attributed a recent increase in sales to its use of blockchain tracking for food products.
Chinese e-commerce giant Alibaba is trialling a blockchain-based tracking system developed to make its supply chain more transparent.
Nestle and Carrefour are using IBM's Food Trust blockchain platform to track organic baby milk products "from dairy to shelf."
Retail giants Walmart and JD.com are among several companies backing a new blockchain effort in China focused on food safety and traceability.
CBH Group, Australia's largest grain exporter, is to test blockchain technology in the tracking of oat shipments, reports say.