Walmart takes up project in AP to trace shrimp
Walmart on Friday announced that “it is piloting blockchain technology for end-to-end traceability of shrimp sourced in Andhra Pradesh and shipped to select Sam’s Club locations in the US.” The pilot project is the first known use of blockchain technology to track shrimp exports from the farmer in India to an overseas retailer.
Ultimately, it will help seafood farmers in the region to strengthen the shrimp supply chain and reinforce customer trust in the product, helping promote India as a preferred source of seafood, while also enhancing food traceability and transparency for consumers in the US, says a press release.