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Author Topic: Walmart Is Using Blockchain Tech for shipping.  (Read 118 times)
dothebeats
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May 10, 2018, 04:29:59 PM
 #21

How does this affect us? That's like mentioning that people use SHA256.

It may not affect bitcoin largely but seeing that the gear that turns bitcoin's wheels can be used for something useful is really amusing and amazing to say the least. People might stumble in this article and ask, "what the heck is a blockchain?" then they'd be redirected to a multitude of articles and news relating to bitcoin and cryptocurrencies. It creates a small ripple of interest IMO, and it spreads to find greater answers to what seemed to be a normal article. Bitcoin is the first true application of a blockchain, and even if it's somehow unrelated with how Walmart decides to use the tech, some search results would always lead to bitcoin and the crypto, so there's that.

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Automation would be the number one help and application of the blockchain tech for large companies and services that require data sorting and management. Others would follow suit I guess, once Walmart deployed this and proved to be successful.

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Suprex125
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May 10, 2018, 04:47:33 PM
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A new patent filing finds retail giant Walmart seeking to utilize blockchain technology to perfect a smarter package delivery tracking system.

In an application released by the U.S. Patent and Trademark Office (USPTO) on Thursday, Walmart describes a "smart package" that would include a device which would record information on a blockchain regarding the contents of the package, its environmental conditions, its location and more. It also suggests that its smart package could be used in tandem with other emerging technologies including "autonomous vehicles," such as drones.

The patent was first submitted in August of 2017, and notably builds on a filing Walmart submitted for a blockchain-based drone package delivery tracking system last year.

Walmart explains in the filing that online shopping has created shipping challenges for retailers, particularly with regard to perishable products requiring temperature control, thus necessitating further innovation.


we can conclude that the blockchain technology is amazing. many companies are adopting blockchain technology.
the transparency of this technology will attract customers.
Odebode5
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May 10, 2018, 04:50:57 PM
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It is a very nice development that worth emulation by some other company.
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June 03, 2018, 01:19:35 PM
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This will be a good news. Only if digital money is widely used, can our community develop bigger and better. I believe there will be more shopping websites using bitcoins in a few years.
Dreamchaser21
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June 03, 2018, 01:39:55 PM
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This will be a good news. Only if digital money is widely used, can our community develop bigger and better. I believe there will be more shopping websites using bitcoins in a few years.

I think its not bitcoin but a blockchain technology, oh well as long as its related to cryptocurrency this can be a big move of Walmart. I believe this is the beginning of greater future as many big companies are adopting blockchain technology to improve their services.

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