E-COMMERCE & RETAIL

News about technology adoption in the e-commerce and retail industries.

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Walmart Inc. Using Blockchain Technology for Traceability Project for Seafood from India

Walmart Inc. today announced that it is piloting blockchain technology for end-to-end traceability of shrimp sourced in the Indian state of Andhra Pradesh and shipped to select Sam’s Club locations in the U.S. The pilot project is the first known use of blockchain to track shrimp exports from the farmer in India to an overseas retailer. Ultimately, it will help seafood farmers in the region to strengthen the shrimp supply chain and reinforce customer trust in the product, helping promote India as a preferred source of seafood, while also enhancing food traceability and transparency for consumers in the U.S.

Blockchain