Walmart will uses Blockchain in its supply chain management, now in testing

U.S. retail giant, Walmart, is about to start a major test of blockchain technology for supply chain management.

Walmart will use this technology to tackles Food Safety, If you shop at Walmart, you might be buying packaged produce unlike any ever sold in a U.S. store. If successful, the trial could change how Walmart Stores Inc., which serves some 260 million customers a week, monitors food and takes action when something goes wrong.

Bellow picture shows how blockchain technology deployed in recent years.

This will be one of the first major tests of blockchain distributed ledgers outside the financial services industry. According to Frank Yiannas, Vice President of Food Safety at Walmart and leader of the blockchain effort, the pilot project will give Walmart a sense of how blockchain technology works and how well it scales. The main challenge, Yiannas explained, is setting up technology for farmers, field workers and others to collect data and insert it onto a blockchain.

Hamidreza Asgari
June 16, 2017