More depth on this effort. Reliable tracking and trransparency creates potential data for many kinds of analytics. And simply knowing where things are to recall them.
Walmart and IBM test blockchain for custom supply chain tracking
by Duncan Riley In SiliconAngle:
Distributed ledger blockchain technology may be be known for its original use for powering bitcoin and more recently for its financial technology implementations. Now, it’s being applied to supply chain management and tracking.
IBM Corp. and retailing giant Wal-Mart Stores Inc. have teamed up to utilize the blockchain to track Walmart’s pork supply chain in China. Using technology designed by the open source Hyperledger Project, software that builds blockchain tools, and run in conjunction with a private database co-developed by IBM, Walmart’s blockchain implementation is able to track pork as it moves from the farm to the shelves. It’s also being tested as a way to track packaged goods in the U.S. as well.
The use of the blockchain to track goods all comes down to product safety and the ability to identify and remove items that have been recalled. Currently, if a consumer becomes ill as a result of tainted food, a retailer or manufacturer can take days to track down the source of the product. By contrast, a blockchain based platform data can be easily tracked from the point of origin to the consumer themselves, allowing Walmart to identify items that need to be recalled and more importantly where the product issue may have occurred. .... "
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