Walmart To Use Blockchain For Tracking Shrimp Exports from India

The retail giant Walmart has launched a pilot program to use blockchain-powered IBM Food Trust to track the shrimp exports from Indian farmers.The blockchain platform, allowing to trace the product from the sea to the plate, was created in partnership with Andhra Pradesh-based seafood processor Sandhya Aqua and U.S.-based supplier Stanley Pearlman Enterprise Inc. “This end-to-end blockchain pilot is the first of its kind in India and has the potential to create long-term economic opportunity for the shrimp farming community in Andhra Pradesh, directly benefiting the farmers through new skills training and development,” Cowdary Kunam, Sandhya Aqua’s  managing director, said.

The platform is a part of a larger food safety program from Sam’s Club, which requires seafood providers to follow best safety practices such as the Best Aquaculture Practice.Join to our Telegram channel to be always up-to-date with the latest news of the cryptocurrency space.As a reminder, the blockchain-based IBM Food Trust initiative has been underway since fall 2016, with the first product trials spearheaded by Walmart in China in December 2016. Nestle, for its part, has been engaged in testing the product as of August 2017.