By placing the supply chain on a blockchain, Walmart reduced the time needed to trace food sources from 7 days to 2.2 seconds, minimizing the risk of contaminated food reaching the consumer.
“Our customers deserve a more transparent supply chain. We felt the one-step-up and one-step-back model of food traceability was outdated for the 21st century. This is a smart, technology-supported move that will greatly benefit our customers and transform the food system, benefitting all stakeholders.”
VP of Food Safety at Walmart