Walmart files patent for blockchain based delivery management system

July 10, 2018
Chris Wheal

Walmart‘s enthusiasm for blockchain technology has been displayed again this month, adding a delivery management system to the list of blockchain developments it hopes will transform the retail industry.

Delivery management system will use blockchain ledger technology

A filing published by the US Patent and Trademark Office describes an application for a patent for “Delivery reservation apparatus and method”, that will adopt blockchain’s distributed ledger technology to enable the reservation of a series of lockers that keep delivered items safe until their purchasers can collect them.

Public ledger

According to the patent filing each space on a so-called “docking station” will be represented by a node in a blockchain network that can be distributed on a public ledger.

“The transactions for the capacity units are tracked in a ledger, with available capacity units indicating an open location on the docking station or contracted out capacity units indicating that either the location has a locker secured thereto or that the location is reserved for a future delivery,” the filing states.

Blockchain development pipeline

Last month, the US retail giant was awarded a patent for the development of an electrical grid powered by bitcoin or rival cryptocurrency and monitored by blockchain ledger for businesses to better manage their energy usage by tracking each electrical device on the network.

Walmart has several blockchain projects in its development pipeline, including those that will help manage its supply chain, and others that don’t necessarily fit with its own business model.

In June, Walmart won a patent for a blockchain ledger system for medical records that would allow emergency call first responders to access patients’ data.

Post written by Chris Wheal
Chris Wheal is editor of OpenLedger's news and features service. An award-wining business journalists himself, he runs a team of freelance journalists from across the UK and north America.

Related News

OL DEX is closing all activities April 25, 2020
USDT (ERC-20) Gateway Enabled April 17, 2020