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Walmart and Wiliot's latest collaboration has caused quite a stir. The retail giant has deployed millions of IoT pixels to track goods movement, currently implemented in 500 stores, with plans to expand to 4,600 supermarkets and 40 distribution centers by 2026.
The core of this system combines blockchain traceability with AI monitoring. It provides real-time insights into inventory status and cold chain compliance, making the entire process transparent and controllable. The most direct result is a 25% reduction in fresh produce loss rate. The system can also automatically alert for various anomalies, saving significant labor costs.
From a technical perspective, this is a typical example of blockchain penetrating the real economy from virtual assets. Supply chain traceability combined with IoT data not only improves operational efficiency but also establishes a complete trust chain. The rapid digital transformation in traditional retail indeed reflects current market demands.
Interestingly, the commercialization of such underlying technological solutions often garners more attention than mere cryptocurrency price fluctuations. What do you think about the transformative potential of blockchain + IoT for supply chains? Is there also considerable future development space for these infrastructure service providers?