Walmart Set To Track Food On Blockchain
Walmart Inc. began running pilots with IBM’s blockchain platform in back in 2016. Now, the retail-giant is ready for the real thing.
According to Frank Yiannas, vice president of food safety and health, the company is ready to use blockchain in its live food business. Yiannas – who spoke Monday at the MIT Technology Review’s Business Blockchain conference – said their blockchain cuts the time it takes to track produce from six days to two seconds.