Big Retailers Using Blockchain for Food Safety
Blockchain is the backbone of cryptocurrencies, but the past two years have seen an explosion of use cases for the technology outside of the crypto world. KPMG’s latest “The Pulse of Fintech” report revealed not only increased attention for blockchain-focused companies from investors but also a burgeoning area of interest for those companies – supply chain management.
Now Walmart and their Sam’s Club subsidiary have announced that a blockchain-based food safety system, IBM Food Trust, will soon be implemented with a segment of their dealers. By September 2019, all leafy greens suppliers to the companies will be required to upload their information to the system as part of a real-time tracking initiative.
IBM has worked to develop blockchain solutions for multiple industries in recent years. Until now, supply chains have consisted of multiple manual processes that make tracking issues and specific incidences difficult. Blockchain provides the advantages of digitization, with increased transparency that would make it significantly easier to track issues, like the E. coli outbreak from contaminated romaine lettuce that killed five people earlier this year.
According to TechCrunch, “each node on the blockchain could represent an entity that has handled the food on the way to the store, making it much easier and faster to see if one of the affected farms sold infected supply to a particular location with much greater precision” – speeding up a process that previously took around 7 days to roughly 2.2 seconds.
IBM Food Trust was developed with the understanding that each party on the supply chain might have a different way of uploading information the blockchain, “from paper to Excel spreadsheets to sophisticated ERP systems.” Walmart spokeswoman Molly Blakeman told TechCrunch that suppliers don’t need to have an expert-level understanding of blockchain – they simply need to know how to get their data onto the application. “IBM will offer an onboarding system that orients users with the service easily,” said Blakeman, comparing the process to setting up a new iPhone. “Essentially, suppliers will [just] need a smart device and internet to participate,” Blakeman added.
Walmart is not the only major corporation to work with IBM Food Trust, as Nestle, Unilever, Tyson, and more have come on board since 2017. Frank Yiannas, Walmart’s vice president of food safety, called the decision a “smart, technology-supported move that will greatly benefit [Walmart’s] customers and transform the food system, benefitting all stakeholders.” A world where infected food can be intercepted well before it reaches consumers is here, as blockchain has yet again made good on some of its promise for real-world applications.
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WMT in downward trend: price dove below 50-day moving average on March 06, 2025
WMT moved below its 50-day moving average on March 06, 2025 date and that indicates a change from an upward trend to a downward trend. In of 43 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for WMT moved out of overbought territory on February 20, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 59 similar instances where the indicator moved out of overbought territory. In of the 59 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on February 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on WMT as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for WMT turned negative on February 20, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WMT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 49 cases where WMT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WMT advanced for three days, in of 349 cases, the price rose further within the following month. The odds of a continued upward trend are .
WMT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 400 cases where WMT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 62, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. WMT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (8.097) is normal, around the industry mean (7.815). P/E Ratio (38.058) is within average values for comparable stocks, (38.172). Projected Growth (PEG Ratio) (2.899) is also within normal values, averaging (2.704). Dividend Yield (0.009) settles around the average of (0.026) among similar stocks. P/S Ratio (1.088) is also within normal values, averaging (1.281).
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a retail discount department store
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