Blockchain Case Studies
Walmart Food Tracking
Challenge: It can take up to days weeks to track the source for an outbreak of a food-borne disease.
Benefit: Better traceability could help save lives by allowing companies to act faster and protect the livelihoods of farmers by only discarding produce from the affected farms.
Approach: Walmart created a food traceability system based on Hyperledger Fabric. Walmart, together with IBM, ran two POCs to test the system. First one for tracing mangos sold in Walmart US stores and the other one to trace pork sold in its China stores. The tracing improved from 7 days to 2.2 seconds.
Honeywell Marketplace
Challenge: To cut purchasing time for
aerospace products from days or weeks down to seconds. Also, to connect each
physical part to its digital equivalent.
Benefit: Purchased time reduced from days to minutes and boost to anti-counterfeit measures.
Approach: Honeywell created a online
marketplace system based on Hyperledger Fabric. Tracking of new and old parts
for aircrafts is done with the same. Also, it created a trust system due to
cryptography as most purchases happened using bonds. Any seller can launch
his/her own selling system for aircraft parts using Honeywell solution known as
Go Direct.
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