Canadian Walmart retail giant has developed a blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details solution to track shipments, verify transactions, and automate payments.
Blockchain-solution for Walmart customers in Canada
“The blockchain-based freight and payment network, designed and built by Walmart Canada and DLT Labs, provides up-to-date collaboration and information exchange with 70 third-party transport companies that transport inventory for Walmart Canada throughout the country,” DLT Labs reports.
The network will synchronize all real-time supply chain and logistics data.
The blockchain solution will be available via the Internet and a mobile application. The launch is scheduled for February 1, 2020 for all third-party Walmart operators in Canada.
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- Walmart delivers goods to more than 400 retail stores throughout Canada each year