Global retail major Walmart intends to use the cutting edge blockchain technology in procurement of farm and agri produce in Uttar Pradesh.
Walmart India president and CEO, Krish Iyer, told Business Standard that blockchain architecture would help in the validation of transactions and efficient delivery management.
The blockchain project would be implemented as a pilot in UP, where Walmart has long been engaging with the farmers both at the level of procurement of farm produce for selling as well as social connect, he informed.
“The proposal would be discussed with the state government soon before being implemented,” he said adding