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.
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.