Walmart China Subsidiary Teams Up With VeChain to Trace Food Products

Cointelegraph

Published Jun 03, 2020 10:00PM ET

Updated Jun 04, 2020 12:00AM ET

Sam’s Club, a China-based subsidiary of Walmart (NYSE:WMT), has partnered with blockchain-based supply chain management platform VeChain (VET) to trace food products sold by the shopping chain.

PricewaterhouseCoopers (PwC) will assist in the Sam’s Club Blockchain Traceability Platform project, which is intended to both ensure food safety and afford greater transparency to consumers in China.

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