Walmart tells suppliers to use IBM blockchain FTSE / NASDAQ NEWS 

Worlds Largest Retailer Walmart Tells Suppliers to Use IBM Blockchain Food Trust

The world’s largest retailer, both by revenue and by employee count, Walmart tells suppliers to use IBM Blockchain Food Trust platform, beginning with its leafy green producers in the U.S. Announced in a press release on Monday, the mandate which also includes Walmart’s retail warehouse Sam’s Club, requires all relevant suppliers to be fully integrated a year from now, making it one of the biggest commercial uses of blockchain technology. Utilising IBM’s distributed ledger technology that is permission-based, the company aims to expedite the traceability of contaminated foods, Matt Smith…

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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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