Walmart’s New Blockchain System To Reshape $1.5 Trillion Food Industry

Walmart’s New Blockchain System To Reshape $1.5 Trillion Food Industry
фото показано с : cryptodaily.co.uk

2018-9-25 14:00

Two Fortune 100 companies have teamed up to drastically alter the $1. 5 trillion food industry by leveraging blockchain technology. Walmart, the largest U. S. company, announced on Monday that it will require suppliers to install blockchain systems by September 2019 to track food items from farm to table and prevent E.

coli, Salmonella and other health outbreaks that threaten the safety of its millions of customers. Walmart (NYSE: WMT), which has 2016 revenues of $486 billion, and subsidiary Sam’s Club partnered with IBM Blockchain (NYSE: IBM) on a disruptive initiative that is sending shockwaves throughout America’s food supply chain.

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