Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 69 , 08 January 2024
Open
Access | Article
Blockchain Technology in Supply Chain-Taking Wal-Mart as an Example
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Abstract
Nowadays, people are more concerned about the origin and traceability of the products in their daily lives. As China is a major food safety country. We will use FOOD as an example to launch our research on the application of blockchain in the supply chain.There are two problems that appears in the food : one is The origin of food,the other one is The problem of manufacturing and sales data tampered. Blockchain is suitable for the supply chain requirement.Take Walmart China as an example. The platform uses blockchain technology to create a 'source-to-shelf' model that tracks food as it moves through the supply chain. It will allow Walmart to seamlessly deploy its trackable strategy and use this distributed technology at scale.Actually, Walmart is not the first company to take action.
Keywords
Blockchain, Supply chain, VeChain, UML, traceability
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-269-5
- ISBN (Online)
- 978-1-83558-270-1
- Published Date
- 08 January 2024
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/69/20231323
- Copyright
- 08 January 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited