Walmart patented system based on Blockchain

The application would work as a service that records the purchases of a customer in a Blockchain ledger, allowing to resell the items in a sales platform

In mid-March, the popular company Walmart filed a patent for a “smart package” delivery system, which uses a tool with blockchain-based technology to access important information such as package content, environmental conditions and the locations.

Now, and after what seems like a lot of waiting time, they presented a new patent for a blockchain-based market that has as its main objective the “resale of purchased products”.

The application would function as a service that records a customer’s purchases in a Blockchain ledger, allowing the customer to resell the items on a sales platform using the purchase record.

The interface could be a point of sale, a browser or mobile device, providing then “additional support to significantly facilitate the subsequent resale of items“.

Walmart notes in its patent that the “increasing competition from non-traditional purchasing mechanisms” worked as an incentive for retailers to stay at the forefront of new technologies, and thus bet on a better customer experience.

N. Moncada

Source: CoinCrispy

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