Target Corporation has announced its support to the Hyperledger Grid project, a supply chain framework in partnership with Intel utilizing blockchain technology.
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“I’m proud that Target will support the Hyperledger Grid project, and that we’re committing dedicated engineering resources to build out components in the Grid architecture,” Joel Crabb, Target’s vice president of architecture, stated.
According to a recent job posting, the company is searching for a blockchain engineer and systems developer.
In 2018, the Minnesota-based company began development of a supply chain management solution, nicknamed ConsenSource.
Currently, the open-sourced blockchain project focuses on documenting certification of suppliers for Target’s paper manufacturing.
The company has been “working directly with the forest managers and certification boards” to analyze the technology.
In 2016, Target hired Aarthi Srinivasan to direct project management for personalization, machine learning and blockchain.
Before Target, Srinivasan’s background was at JP Morgan and IBM.
According to GitHub, the ConsenSource project utilizes Hyperledger’s Sawtooth code.
Hyperledger Sawtooth is a modular platform for building, deploying, and running distributed ledgers.
Linux Foundation spokesperson Emily Fisher stated, “Target has made code contributions but is not a member of Hyperledger.”
The Sawtooth project is still in development but has over 7,750 commits from 72 contributors on GitHub.
According to Target, the company is “in the process of a broad migration of many mainframe-based systems and middleware products to a modern platform, including systems supporting inventory and supply chain-related transactions.”