Blockchain 

Walmart Deploys Blockchain Technology | Things You Need to Know

Over the past few years, blockchain technology has become synonymous with cryptocurrencies, but it is important to note that the technology in itself has a wide variety of uses. Plenty of companies that have nothing to do with cryptocurrencies are now exploring ways in which to incorporate blockchain technology into operations. Walmart is one of those companies. Important Update In a new development, it has emerged that retail behemoth Walmart (NYSE:WMT) is now deploying blockchain technology in order to improve the system for food traceability. The whole system is based…

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Blockchain 

Walmart Submits Patent for Drone System Based On Blockchain

Walmart Inc (NYSE:WMT) has felt the convenience of blockchain and is not looking to back down soon judging from its latest patent application submission for a drone communication system anchored on blockchain technology. The patent application submitted to the United States Patent and Trademark Office (USPTO) early this month, dubbed “Cloning Drones Using Blockchain,” shows the retail giant’s commitment in adopting blockchain technology for most of its operations. According to the details of the filing, the drone-based communication system codes and stores the drone’s crucial operational parameters in decentralized ledgers.…

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Blockchain 

Walmart China Launches Blockchain Platform to Aid with Food Safety Scandals

As with cryptocurrencies, several companies are moving into the blockchain space. The latest, however, is Walmart China, which is the Chinese branch of the US supermarket chain. Here’s what we know. Walmart China Blockchain Platform: What We Know On June 25, Walmart China said it’s launched a blockchain platform that will address food safety concerns. According to the press release, the company will be working with PwC, VeChain, and other blockchain players on the ‘Walmart China Blockchain Traceability Platform.’ While the announcement came out today, the Walmart China blockchain platform…

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Blockchain 

The Walmart Blockchain Project | Solving Online Delivery Complications

Walmart blockchain: Delivery is one of the most challenging aspects of online retail and Walmart is determined to solve its delivery problems with blockchain. Back on July 5th, the big box retailer headquartered in Bentonville, Arkansas was rewarded a blockchain patent that focuses on the scheduling and delivery of packages. The patent was originally filed back on January 3rd, 2017. Delivery Hub The patent talks of delivery hubs, very similar to Amazon’s lockers, which will use a public blockchain to determine available capacity and make reservations for delivery. The information…

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