The largest retail company in the world, Walmart, has sent letters to its suppliers of farmed goods urging them to track their produce using blockchain technology.
The company announced its partnership with the US-based technology firm, IBM, to build the tracking system.
“Blockchain is a system of record keeping that is open to users. When a piece of permissioned information (or “block”) gets entered into the chain, other computers in the network are notified,” Walmart stated in a press release.
By Sophie Chapman
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