United States retail giant Walmart, in collaboration with IBM, will use blockchain technology to rails its shrimp supply chains.

On October. 4, Indian business concern publication LiveMint reported that Walmart will use blockchain technology to track its Indian-sourced shrimp to select locations of Sam's Social club retail stores in the U.S.

This is reportedly the beginning time that blockchain engineering science will exist used to rail shrimp exports from the Indian farmer to an overseas retailer. President of the National Fisheries Plant John Connelly said:

"As one of the near traded commodities in the world, seafood has a complex and wide-reaching supply concatenation, which makes testing and farther developing engineering-assisted traceability programs an important step. Information technology is encouraging to see a retail leader like Walmart participate in seafood blockchain testing."

Walmart worked with the Indian seafood processor Sandhya Aqua to add the shrimp supply chain to the blockchain-enabled IBM Food Trust platform so customers can track where their shrimp comes from.

Shrimp is Bharat's largest agricultural export, with the U.Due south. representing its largest shrimp market place, consuming 46% of India's shrimp exports. LiveMint reports that the awarding blockchain technology will help Indian shrimp farmers meet strict U.S. food standards, thus gaining the trust of U.Due south. retailers and securing shrimp farming as a long-term growth industry.

Walmart has previously applied blockchain engineering to tracking food in other countries like China. Distributed ledger technologies like blockchain purportedly make it easier for the firm to rails its massive supply bondage and to call back problematic food items or medicines should the need arise.

Building on the IBM Nutrient Trust platform

Cointelegraph reported in September that a group of global coffee companies is partnering with Farmer Connect, a tech startup developing farm-to-client traceability tools, to use the IBM Food Trust platform to utilise blockchain to coffee supply chain tracking. The startup worked with IBM to build the "Thank My Farmer" app, which provides consumers with data about java products, which include origin and pricing.