Since the advent of blockchain technology in 2008, we have seen an ongoing sense of fortune, and several industries have been, and still are, grateful participants. The enormous boom will undoubtedly cause many other businesses to come aboard this train and completely step up their operations.

A study conducted by Walmart shows how the digitization of the food supply chain would reduce the risk of infected foods getting to consumers. Walmart partnered with IBM to develop a Hyperledger system to store all information about its two test products: mangos and pork. The result demonstrated a food system with increased fresh food and minimal waste. Frank Yiannis, vice president of food safety at Walmart, said the following about the study: “With blockchain, you can do strategic removals, and let consumers and companies have confidence. We believe that enhanced traceability is good for other aspects of the food systems.”