Walmart + Blockchain = LOVE
A patent filled by Walmart and released yesterday reveals interesting plans fo the giant retailer.
According to that patent, Walmart aims at creating autonomous delivering systems for "environment sensitive products". In other words, drones that may deliver frozen items. Or other types of products which require a "controlled environment".
The patent has very clear references to the blockchain (starting with point 17), like this one:
a delivery encryption system comprising a block chain for package tracking and authentication.
or this one, from point 22:
The smart package of claim 18, wherein the block chain associated with a product placed in the smart package dynamically adjusts to account for the cold chain status of the product as the smart package moves through a supply chain.
While this is not a cryptocurrency and it's certainly not decentralized, I do think it's a very interesting application of the blockchain technology.
image source: Pixabay
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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heads up its spelled Walmart one l
Thanks, I stand corrected.
We are advancing daily. This is like a smart delivery system. I have a funny feeling about this though - Collision theory. Haha 😂
Yeah! But patent first.....
Between this and supposedly stepping up their online presence (beefier website, two-day free delivery), it looks like Walmart wants to take Amazon head on. What's funny for me is, I don't think of Walmart as a cutting edge innovator, so using blockchain technology for anything in their global operations is a pleasant surprise.
Amazon just bought Ring startup for a billion.
Ring basically makes video hardware and a software that allows you to talk to the person on your door with your smartphone.
One billion!
I know one who has a Ring for their doorbell, but I never saw it in action.
To my point about Walmart, Amazon is the one that seems to be always innovating. Walmart not-so-much. Things haven't rolled out so who knows if they'll get it right or what it will look like, but hey, even though I'm not really much of a fan, kudos for them for even thinking about using a blockchain for anything.
It's not just Walmart, the world loves blockchain.
All companies got to love blockchain, the value is enormous, they can track merchandise and payments. The cost savings can be huge.
Every aspect of our lives is getting smart except our lives that are becoming more complicated with passage of time.
Wow that would be great.. unfortunately we dont have any of that here in Venezuela. cheers
More and more applications are finding their way to the blockchain technology. As blockchain and cryptocurrency are related, what's good for one is great for the other.
This news is great and incredible, that the products arrive at your home in an autonomous artefecato is great, what the block chain is doing is extraordinary.
Thank you very much dear friend / @ dragosroua for sharing this information
I miss you a great day
I wonder if blockchain would have any attention if bitcoin would not have come to an existence. Blockchain is becoming mainstream only because of the success of bitcoin. Specially the recent one. This is what i feel. Others could choose to disagree.
I always wonder how you can get a patent for taking one existing part and another existing part and putt them together.
Is there a patent for using a database for storing information about patents?