Walmart is betting on the blockchain to improve food safety | TechCrunch

Produce aisle in supermarket, close-up

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As you can ascertain from this article, Blockchain is not all about cryptocurrencies. This is what excites me about the technology.

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 to the blockchain by September 2019.

 

In addition to the blockchain requirement, the company is also requiring that suppliers adhere to one of the Global Food Safety Initiative (GFSI), which have been internationally recognized as food safety standards, according to the company.

 

With Walmart being a primary Azure customer for competitive reasons (“Walmart establishes strategic partnership with Microsoft to further accelerate digital innovation in retail,” 2018), and IBM, which has a cloud, but is an also-ran in that game (everybody not named AWS and Azure is) (Green, 2018, para. 3). There is an opportunity for further integration that may speed up the timetable for this initiative. If the rest of the industry can be dragged kicking and screaming into a blockchain standard for food retailing with this initiative being part of and possibly dominant into any standard, positive outcomes will result.

via Walmart is betting on the blockchain to improve food safety | TechCrunch

Green, T. (2018, October 15). IBM Takes Aim at Nutanix With Multicloud Manager [React 15..6.2 on Apache]. Retrieved October 30, 2018, from https://finance.yahoo.com/news/ibm-takes-aim-nutanix-multicloud-192000860.html

Walmart establishes strategic partnership with Microsoft to further accelerate digital innovation in retail. (2018). Press Release, Bentonville AR & Redmond WA. Retrieved from https://news.walmart.com/_news_/2018/07/17/walmart-establishes-strategic-partnership-with-microsoft-to-further-accelerate-digital-innovation-in-retail

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One thought on “Walmart is betting on the blockchain to improve food safety | TechCrunch

  1. Pingback: How Blockchain Will Build Better Manufacturing | Literary Nirvana

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