According to a recent news by a local source ‘Reuters,’ the end-to-end traceability systemis predicatedon distributed ledger technology [DLT] developed by Tech. giant IBM.In line withthe report, Walmartwould requiresuppliers to implement blockchaintechnologybySep.2019.
The Vice President of Food Safety, ‘Frank Yiannas,’declaredthat Walmartwould requirean identicaltraceability system “foralternativefreshfruits and vegetablesuppliersamongthe upcoming consequentyear.” In an interview with Bloomberg, Walmart told that overa hundredfirmswould beneededto implement IBM’s blockchain service.
Walmart claims that blockchaintechnicalimplementationswould“dramatically improvepotency.” Frank Yiannas conducted a traceability experiment with sliced mangoes, asking his teamto tracethat product back to a farm:
“It took them nearly seven days,as thewaysoftrackingnowadaysareantiquated—typicallythroughpencil and paper.”
The company claims that with blockchain technology, thatmethodcantakesimply2.2 seconds.
In line with Reuters, the United States Centers forDisease Control and Prevention[CDC] consulted with Walmartto boost product traceabilityso asto assisthealthofficerstrack and manage the outbreaks of foodbornesicknesses.
Earlier this year,5individualsdied and dozensadditionallywere hospitalized inan outbreakof the E. Coli viruswithin theU.S. TheCDCcalculatedthat overtwo hundredindividualswere infected in total.
Recently, Walmart filed tech-related patented forseveralblockchain applications,together withthe advancementin secure deliveries,waysfor managing smart appliances, and atending healthcaresystem, among with others. In June, Walmart along withninealternativefirmspartnered with IBM tounleasha blockchain-based system fortrackingfood through itsglobal supplychain.