KCN IN CHINA WILL TRACK FOOD WITH THE BLOCKCHAIN VECHAINTHOR
The Walmart China blockchain traceability platform, built on the VeChainThor blockchain will track food. This information was announced on June 25. An article published on PR Newswire says: “The announcement of the Walmart China Blockchain Traceability Platform came with the introduction to the first batch of 23 product lines that have been tested and launched on the Platform. The Platform is expected to scale by another 100 product lines by the end of the year covering more than 10 product categories including fresh meat product, rice, mushrooms, cooking oil, etc. It is expected that the Walmart China’s traceability system will see traceable fresh meat account for 50% of the total sales of packaged fresh meat, traceable vegetables will account for 40% of the total sales of packaged vegetables, traceable seafood will account for 12.5% of the total sales of seafood by the end of 2020.” Stay with us and keep your finger on the pulse. The news release partner STEX.com.