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A better way to track various commodities?

Blockchain being applied to real-world problems like tracking pork chops, footwear

Global shipping giant Maersk is expected to announce it is using IBM’s version of the blockchain to track its cargo consignments Photo: BLOOMBERG
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Global shipping giant Maersk is expected to announce it is using IBM’s version of the blockchain to track its cargo consignments Photo: BLOOMBERG

Nathaniel Popper & Steve Lohr | NYT
Frank Yiannas has spent years looking in vain for a better way to track lettuce, steaks and snack cakes from farm and factory to the shelves of Walmart, where he is the vice-president for food safety. When the company dealt with salmonella outbreaks, it often took weeks to trace where the bad ingredients came from.

Then, last year, IBM executives flew to Walmart’s headquarters in Arkansas to propose a solution: the blockchain. As Yiannas studied their pitch, he said, “I became increasingly convinced that maybe we were on to the holy grail.”

The blockchain — the buzzy, bewildering technology behind cryptocurrencies like