Walton’s involvement

From the Korean interview in past, Walton has acknowledged working on a agriculture traceability solution (and a separate drug detection system that could be used for pesticide residual detection).

Now, Walton has published a high-level blueprint of the agriculture traceability solution [2] and a drug traceability system [3]. In case you are wondering, Xiamen IOT is a direct subsidiary of Waltonchain [10].

As to how it might be used:

“Consumers can scan the product QR code through a smart phone to inquire about the raw materials, production and transportation of the product, and provide consumers with comprehensive, transparent and uniform food traceable public information services to help consumers buy safe and reliable products. . The establishment of a food traceability information platform can effectively reduce various types of security risks and help build a new consumer environment where everyone participates and society co-governs.” [4]

Although there is some competition in this space, Walton have an advantage over other systems due to custom IC chips and the blockchain element.