Walmart China subsidiary, Sam’s Club has partnered with VeChain to increase transparency in the supply chain of its food products. VeChain is a blockchain-based supply chain management platform and their partnership will enable Sam’s club to trace food products sold by the shopping chain.
Sam’s Club is a high-end membership shopping chain that operates 26 branches in China, with about 2.5 million customer base. The shopping chain is hoping to launch additional 15 to 20 new branches before the end of 2022. The announcement noted that it has recently increased its range of premium foods, including imported sea foods, dry goods, meat and wine.
According to the announcement, the chain will utilize a modified version of VeChain’s ToolChain platform, alongside software and hardware sensors, and Internet-of-Things (IoT) technologies, to automatically upload data from across its supply chain unto the blockchain. This will enable customers to access detailed information on the origin of products being purchased. This can be done by scanning QR codes printed on the packaging of the Sam’s Club’s products.
More than 20 categories of products have currently been included in Sam’s blockchain traceability platform. Some of which includes Sam’s own brand Member’s Mark, a variety of fresh pork, chicken, vegetables, and other commodities. The announcement noted that all traced products are subjected to continuous and strict safety tracking and sampling inspection. This is mainly to ensure that foods purchased from the source to the shelf are safe and traceable.
The shopping chain’s Blockchain Traceability Platform project is intended to both ensure food safety and afford greater transparency to consumers in China. Sam’s Club’s partner, PricewaterhouseCoopers (PwC) will reportedly assist in the company’s project.
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