Analyzing the Food Traceability System Developed by Walmart with Hyperledger Fabric

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Creating a (traceability) system for the entire food supply ecosystem is always a challenge. At Oodles, we think that blockchain technology is a good fit to address this problem with the Hyperledger Application Development Services. Blockchain enables trust, immutability, and transparency in the business ecosystem. In the past, many companies have tried to create a traceability system, but they never scaled because they were centralized databases. Blockchain is a decentralized, shared ledger that can enhance the legacy food system. Given the blockchain’s potential in business, Walmart decided to develop two proof of concept (POC) projects.