FTSE / NASDAQ NEWS 

Walmart is Looking to Revolutionise Package Deliveries with Blockchain Technology

On Thursday, a proprietary U.S. patent was released for the world’s largest discount retailer, Walmart. Its ‘Smart Delivery’ patent, aims to give package delivery lockers an immutable node within a blockchain network. Together with a patent for its ‘Smart Package’, a blockchain-based tool that will integrate autonomous vehicles and unmanned drones, Walmart is gearing up to dramatically revolutionise package deliveries, with blockchain bringing the final missing piece of technology to its plan.

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Food chain blockchain UK Food Standards Agency NEWS REGULATORS 

UK Government Food Agency Trials Food Chain Blockchain, Beginning with Beef

In a major development, the UK’s Government Food Standard Agency successfully completes a food chain blockchain pilot for beef, marking the first time that the technology has been used as a regulatory tool to ensure compliance in the UK food sector. The world’s meat consumption is at an all time high, and with recent food fraud incidents such as the 2013 horse meat scandal, the UK is primed for the streamlined management and immutable security that blockchain can offer the farming industry.

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