VeChain's blockchain technology is enabling Walmart China to implement a traceability strategy for products and pioneer the large-scale application of blockchain traceability. By scanning the desired products, customers can acquire detailed information, including the source of the scanned products and geographic location received by Walmart, logistics process, product inspection report, and many more data points. Data collection and data availability are to be continually added to the scale of the platform and its use of blockchain technology.
THE WALMART CHINA BLOCKCHAIN TRACEABILITY PLATFORM SIGNING CEREMONY
The Walmart China Blockchain Traceability Platform signing ceremony took place at the 2019 China Products Safety Publicity Week Traceability System Construction Seminar. The partners in attendance are represented by:Mr. Pei Liang, President of CCFA Mr. Chu Dong, Vice President of CCFA Mr. Shi Jiaqi, Chief Corporate Affairs Officer of Walmart China Mr. Yang Weizhi, Managing Partner of PwC China Strategy and Innovation Mr. Feng Yikai, Chief Operating Officer of VeChain Mr. Liu Xiaoen, Chief Procurement Officer of Walmart China Mr. Chen Mingzhi, Chief Ethics Compliance Officer of Walmart China Dr. Yan Zhinong, Executive Director of Walmart Products Safety Collaboration Center Mr. Li He, Chairman of Inner Mongolia Kerchin Co., Ltd.
As part of the event, the signing ceremony attendees conducted a discussion on how to share responsibilities and use technological innovations to guarantee the quality and safety of products and edible agricultural produce, boost consumer confidence and satisfaction, and contribute to the upgrading of service consumption.
Kevin Feng, Chief Operating Officer of VeChain commented on the collaboration, said: "As the world-leading enterprise-public blockchain platform, VeChain aims to empower enterprises in the large-scale digitization process by providing...