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August 15, 2018
Blockchain

Walmart recent patent discloses Blockchain based delivery management system

America’s retail doyen Walmart recent Blockchain based patent application elucidates a ‘’secure’’ delivery management system, as per filing published by US patent and trademark office, on july 5
Walmart has adopted a blockchain based management system for the delivery lockersw that will be delivering products safely until the buyer are cable to sign for and collect their product,according to recent published application,titled’’Delivery reservation apparatus and method’’
A “blockchain reservation” system is proposed for “some embodiments” of a system to track which lockers are free, and which are occupied
“Each space on the docking station has a corresponding capacity unit for each location on the docking station. The transactions for the capacity units are tracked in a ledger, with available capacity units indicating an open location on the docking station or contracted out capacity units indicating that either the location has a locker secured thereto or that the location is reserved for a future delivery.”
According to the patent, “each docking station can be a node within a blockchain network,” further making frequent references to a “public ledger” which would act as an open record of available and reserved units within the system.
Earlier this spring, Cointelegraph gave an account of a patent application from Walmart for a “smart package” blockchain-fueled apparatus that would track a scope of information – including package content, natural conditions, area, and different points of interest.
The retail goliath has been proactively building up an array of blockchain answers for its business, as of late banding together with IBM to make a blockchain framework for tacking food globally through its supply chain.
In April, Walmart declared that it was prepared to utilize blockchain for its live food business, and the organization has additionally documented blockchain licenses for medicinal records – granted this June – a blockchain-based client resale commercial center, and a crypto-controlled vitality utilization administration framework.

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