"Walmart" files Patent for Blockchain-primarily based consumer market

Walmart has filed a patent for a blockchain-based marketplace for reselling purchased products, in keeping with a US Patent and Trademark workplace USPTO patent submitting from can also 17.

The utility describes a carrier that might file a consumer’s purchases in a blockchain ledger, for that reason allowing the customer to resell the items on a sales platform the usage of the file of buy.
The patent notes that because clients don’t usually plan to use an object for its lifespan, and are usually “left to their very own gadgets to arrange for a subsequent resale,” the architecture defined within the patent can offer “extra assist to significantly ease and facilitate their later reselling of objects.” The interface may be factor-of-sale, browser-based totally, or a mobile device among different alternatives.
Walmart’s patent mentions the growing competition from “non-traditional shopping mechanisms” as an incentive for ‘bricks and mortar [sic]’ stores to stay ahead of recent technology that might enhance purchaser enjoy.
in the beginning of March, a Walmart filed a one-of-a-kind patent for a “clever package” shipping system that uses a blockchain-based device for tracking package deal contents, environmental situations, and places.
And at the quit of April, the vp of Walmart’s meals safety and fitness introduced that the enterprise turned into geared up to apply blockchain tech in its stay food enterprise with a purpose to enhance contamination management and overall transparency.