Walmart Blockchain Technology News and How Does it Work?
Walmart, the American-based multinational retailer and the world’s largest company, was awarded a U.S. patent for a blockchain-based delivery management solution. The “Delivery Reservation Apparatus and Method” patent details a system by which locker space changes in docking stations could be tracked on a public ledger, allowing the company to see if its storage units are in use, reserved or free. Each docking station and delivery hub could be represented as a blockchain node. This patent was first filed back in January 2017 and is only one of Walmart’s blockchain-related patents from the last two years, reflecting the company leadership’s newly developed interest in this technology, as well as the difficulties its online delivery service has ran into.
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