Shanghai has launched a blockchain traceability platform, aiming to offer customers secure data about their groceries' supply chains while also enhancing food safety and quality management. Built on the VeChainThor blockchain, the system was rolled out with 23 pre-tested products; another 100 are set to be added later this year. It is anticipated that meat, vegetables and seafood featured on Shanghai's traceability platform will make up 50%, 40% and 12.5% of total sales, respectively, by the end of 2020.
Walmart China has launched a blockchain traceability platform, aiming to offer customers secure data about their groceries' supply chains while also enhancing food safety and quality management. Built on the VeChainThor blockchain, the system was rolled out with 23 pre-tested products; another 100 are set to be added later this year. It is anticipated that meat, vegetables and seafood featured on Walmart China's traceability platform will make up 50%, 40% and 12.5% of total sales, respectively, by the end of 2020.