Global Retail Alliance
info@gra.world
  • Login
  • Register
  • Newsletter
  • Virtual Library
  • Choose your country
    • Australia
    • Brazil
    • China
    • Poland
    • Latin America
    • Middle East
GRAGRA
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact

Innovation & Technology

  • Home
  • Innovation & Technology
  • Wal-Mart tests blockchain technology to track food

Wal-Mart tests blockchain technology to track food

  • Categories Innovation & Technology
  • Date November 21, 2016
  • Comments 0 comment

Blockchain technology’s strength lies in its trustworthiness: the difficulty of reversing or changing what’s been recorded. The blockchain database can also hold much more data than what retailers get today, providing tools for more detailed analysis.

That could help Wal-Mart deliver food to stores faster, reducing spoilage and waste.

Wal-Mart is using blockchain technology co-developed by IBM. In October, the company opened the Walmart Food Safety Collaboration Center in Beijing. It also announced, with IBM and Tsinghua University, a collaboration using the blockchain to improve the way food is tracked, transported and sold to Chinese consumers.

If Wal-Mart adopts the blockchain to track food worldwide, it could become of the largest deployments of the technology to date.

 Source: Retail Customer Experience

  • Share:
gsiino

Previous post

Neiman Marcus debuts Rent the Runway boutique
November 21, 2016

Next post

Nordstrom moves forward with new store plans
November 21, 2016

You may also like

coach
Coach Play concept store in Singapore plays host to Coachtopia immersive, circular economy takeover
9 August, 2023
decathlon-smartsize
Decathlon launches Smartsize offering for online shoppers with solution now live in 25 countries
4 August, 2023
IKEA
Ikea UK aims to get closer to customers with launch of new Plan & Order Point in Preston, Lancashire
26 July, 2023

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search News:

News category:

News Archive:

Last News:

Shein and Forever 21 Owner Join Forces
24Aug2023
Central Co-op – creating a sustainable society
17Aug2023
South Korea e-commerce sales to surpass USD 160 million by 2027
10Aug2023
Coach Play concept store in Singapore plays host to Coachtopia immersive, circular economy takeover
09Aug2023
Struggling Wilko suspends home delivery orders
09Aug2023

© 2022 Global Retail Alliance | info@gra.world | Privacy Policy