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French Retail Chain Carrefour Registers Sales Boost Following Blockchain Integration

Published 06/03/2019, 03:31 PM
Updated 06/03/2019, 03:43 PM
French Retail Chain Carrefour Registers Sales Boost Following Blockchain Integration
CARR
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French retail giant Carrefour (PA:CARR) has seen an increase in sales after the implementation of a blockchain-based tracking system, Reuters reported on June 3.

Carrefour’s blockchain tracking system enables customers to track the supply chain of 20 items, including meat, milk, and fruit from farms to stores, thus avoiding products with genetically modified organisms, antibiotics, and pesticides. This year, the company reportedly plans to add 100 more products, including non-food lines, to the system.

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