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<ul>
 <li>Walmart leads the food industry with blockchain for transparent and safe supply chains.</li>
 <li>Innovative partnerships propel Walmart’s global blockchain impact on food traceability.</li>
 <li>VeChain revolutionizes Walmart’s supply chain, setting new standards for transparency.</li>
</ul>
<p>In a groundbreaking <a href="https://www.linkedin.com/pulse/futurproof-224-enterprise-blockchain-walmart-1010-awan-uto1c/" target="_blank" rel="noopener noreferrer nofollow">move</a>, Walmart has emerged as a trailblazer in the integration of blockchain technology with <a href="https://www.vechain.org/" target="_blank" rel="noopener noreferrer nofollow">VeChain</a> to revolutionize supply chain management, particularly in the food industry. Spearheading this initiative is Walmart’s commitment to enhancing traceability, transparency, and safety in its vast supply network.</p>
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6d2.png" alt="🛒" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f517.png" alt="🔗" class="wp-smiley" style="height: 1em; max-height: 1em;"> Breaking news! <a href="https://twitter.com/hashtag/Vechain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Vechain</a>'s partnership with <a href="https://twitter.com/hashtag/Walmart?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Walmart</a> China for its cutting-edge <a href="https://twitter.com/hashtag/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Blockchain</a> Traceability Platform is in the spotlight! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f31f.png" alt="🌟" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Don't miss this game-changing article in 'FutureProof #224: Enterprise Blockchain – Walmart (10/10): <a href="https://t.co/dvnbUL7ajl" rel="noopener noreferrer nofollow">https://t.co/dvnbUL7ajl</a><br><br>Thanks to… <a href="https://t.co/TxjiJDG4Wb" rel="noopener noreferrer nofollow">pic.twitter.com/TxjiJDG4Wb</a></p>— Collin Brown (@CollinBrownXRP) <a href="https://twitter.com/CollinBrownXRP/status/1732647931381965267?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 7, 2023</a>
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<p>Walmart’s foray into blockchain began in 2016 when the retail giant faced the challenge of tracing a package of sliced mangoes back to its source, a process that initially took nearly a week. Partnering with IBM, Walmart introduced a blockchain-based food traceability system, reducing the tracing time to a mere 2.2 seconds.</p>
<p>This technological breakthrough laid the foundation for enhanced traceability and transparency, with <a href="https://cryptonewsland.com/vechain-vet-signals-impending-bull-run-with-key-technical-alignments/" target="_blank" rel="noopener noreferrer nofollow">notable success</a> stories in China’s pork industry and various products in the U.S. The establishment of the Walmart Food Safety and Collaboration Center underscored the company’s commitment to global food safety, leveraging AI and big data technologies.</p>
<p>Collaborations with JD, IBM, and Tsinghua University in 2016 aimed at improving food safety in China resulted in the creation of a blockchain ledger for pork supply chain traceability. Walmart’s initiatives were pivotal in advancing food traceability and safety, setting the stage for broader applications in supply chain management.</p>
<p>By 2018, Walmart successfully traced over 25 different products, including mangoes, leafy greens, and dairy products, directly back to their farms. The Blockchain-Enabled Walmart Food Traceability Initiative mandated suppliers to trace their products back to the farms in seconds, utilizing the IBM Food Trust network.</p>
<p><a href="https://cryptonewsland.com/vet-support-walmarts-food-safety-traceability-platform/" target="_blank" rel="noopener noreferrer nofollow">Walmart’s strategic partnerships</a> extended globally, with the launch of the Walmart China Blockchain Traceability Platform in collaboration with VeChain. This platform included 23 product lines, showcasing the company’s commitment to innovation.</p>
<p>The retail giant further cemented its pioneering role by piloting blockchain technology for shrimp traceability, tracking exports from India to the U.S. for the first time in the industry.</p>
<p>Looking ahead, the innovative use of blockchain technology holds immense promise for addressing food safety concerns, managing recalls efficiently, and reducing food waste. By providing granular information about food items, Walmart’s blockchain initiatives are poised to shape the future of food traceability and safety, setting a new standard in the retail industry.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
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</ul>
<p>The post <a href="https://cryptonewsland.com/walmart-pioneers-blockchain-with-vechain-in-food-supply-chain-management/" rel="noopener noreferrer nofollow">Walmart Pioneers Blockchain with VeChain in Food Supply Chain Management</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Walmart Pioneers Blockchain with VeChain in Food Supply Chain Management

Crypto News Land

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