Wally World to the rescue! No, non really. However, if y'all read of the latest headlines, it sounds similar an amazing novel thing has been achieved amongst Walmart together with IBM bringing nutrient security to the Blockchain. It nearly sounds similar public hunger is on the brink of beingness resolved.
No let's slap ourselves dorsum to reality. It's non happening, its non going to happen.
The Real Reality
Walmart has invested 25 1 grand 1000 dollars into edifice a nutrient tracking organisation inward IBM's cloud on Hyper-ledgers (Linux foundation) distributed ledger technology. Which agency it's going to move a database inward a cloud IBM has command over together with Walmart has fifty-fifty farther command over. This agency it'll move plain of report to fraudulent action only every bit it is today together with won't move secure. Luckily, nobody is probable to pass a bully bargain of fourth dimension trying to hack into this.
It won't move securing anything on the blockchain itself (bitcoins ledger) every bit currently planned together with won't produce much of anything that a regular database can't produce hence it brings upward the declaration of why on Blue Planet would they construct this anyway?
Furthermore, this is all neat together with good but who's going to move monitoring the nutrient inward Walmart stores where most of the problems are inward the get-go place? Many select seen this get-go mitt every bit nutrient is mistreated, frozen items are thawed together with re-frozen afterwards beingness left on shop shelves for long periods of time, together with boxes of non-perishable foods are taped backed together together with placed dorsum on shelves.
Seems similar that 25 1 grand 1000 (which is nil to Walmart) could move ameliorate spent on ameliorate policies internally together with if y'all were going to pose whatever tape similar the 1 they propose on a blockchain, it should move on bitcoin's blockchain amongst possible internal workflow occurring on Ethereum, essentially allow Ethereum operate every bit a sidechain, together with hence shop the chief tape on the Blockchain (bitcoin).
Accurate Headlines
What the headline should select read was "Wamart invests 25 1 grand 1000 to construct workflow database inward IBM cloud". Yes, it does audio lame, that's why they tapped into the blockchain buzzword. Even to a greater extent than humorously apparent are all of the titles of a precipitous appearing at IBM amongst "blockchain" inward them considering a yoke years ago, they laughed at the technology.
Perhaps the biggest joke hither is the purpose of "immutability" past times IBM inward 1 statement, something they clearly cannot produce amongst a soul database inward their cloud.
So no. IBM together with Walmart are NOT putting anything on the blockchain, together with they are non putting anything on whatever blockchain. They are "planning" to maybe pose to a greater extent than or less records inward a database inward their cloud.
Fortunately, these records aren't really secure or accurate today, hence it won't affair when they're non secure afterwards this is stored past times IBM either. No loss actually except for the 25 1 grand 1000 that could actually move pose to much ameliorate use.
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