Guangzhou Daily reports on Walmart's new VeChain-powered solution

July 5th – Guangzhou Daily ran a story on Walmart’s traceability and food safety platform, confirming it’s arrival in one of China’s most populous cities.

Today (July 5), Guangzhou Daily’s all-media reporter learned from the Wal-Mart Food Safety Promotion Week in Guangzhou that the supermarket has recently launched a packaged food blockchain traceability platform.

This is the first application of the blockchain technology to the traceability platform in the retail field. Compared with the previous traceability system, the blockchain technology can make the data real-time, tamper-proof, and improve the transparency of product information.

According to reports, the first batch of 23 kinds of products have been tested and entered the platform. In the Wal-Mart stores in Guangzhou, as long as the packaged food with retrospective code is attached, the public scans the QR code on the product through the WeChat sweep function. You can immediately get the details of the source of the goods and the geographical location of Wal-Mart’s receipt of goods, logistics process time, product testing reports and other details.

It is understood that in the second half of this year, Wal-Mart will continue to launch more than 100 kinds of products, covering more than 10 categories including fresh meat, vegetables and seafood, and free brand food. In the future, the Wal-Mart blockchain traceability platform will synchronize the product data of the regional government traceability platform and the supplier’s own platform.

Source: GZcankao

The products have now been confirmed in Walmart in both Shenzhen and Guangzhou, two of Southern China’s biggest and most influential cities. News of potentially integrating with a regional government traceability platform will be quite encouraging for VeChain investors, who have heard rumors of government partnerships in the past.