The collaboration between VeChain and Walmart China has been tipped as one of the major collaborations to date.
The partnership saw Walmart launching 23 product lines on its platform as it targets 100 by the end of the year.
VeChain (VET) has been the center of several transitions among companies from traditional processes to blockchain-motivated ways of operation. In a recent report, it was stated that one of Walmart China’s major collaborations to date has to do with its partnership with VeChain which saw the multinational retail corporation launching 23 product lines on the platform. This is part of its initiative to employ blockchain technology to enhance supply chain management.
According to reports, Walmart was expected to scale its product line to 100 by the end of the year. This implies that over 10 categories of products including fresh meat products, rice, mushrooms, cooking oil, etc could be featured. Walmart China’s traceability system is expected to see traceable
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