Cryptocurrency Short News

Walmart to Develop a Blockchain-Based Delivery Tracking System

news-image

Walmart’s Canada branch has developed a delivery tracking system which will further enable to automate payments. The blockchain-based system will be built in association with DLT labs and will be live on 1st February 2020. The main focus of this is to reduce the cost of the operation of around 400 retail stores across the country. 

Advertisement

According to senior vice president of Walmart, John Bayliss; the supply chain delivers to over 5000 partners all over the world. He believes automating the process will reduce the overhead cost. 

Walmart has taken a keen interest in blockchain. The retail giant was earlier in plans to launch a stable coin like Libra. 

Tags
Show More

Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Related Articles

Back to top button
Close
Close