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Walmart, Nestle & Other Big Companies Continue Making Blockchain Inroads

Amid the pain points around blockchain as a fledgling technology, skeptics and even some pragmatic proponents sometimes offer the refrain that “blockchain is a solution in search of a problem.” Reasonable people can disagree on that suggestion, but one thing is clear: blockchain and associated inno..

Walmart Canada Rolls Out Blockchain-Based Freight and Payment System

News Walmart Canada — the retail giant’s Canadian branch — has rolled out an automated blockchain-based network for freight tracking and payments management, according to a Nov. 14 press release. The new system, which was developed in collaboration with blockchain company DLT Labs, is designed to ..

PwC Analyst: Blockchain Gives ‘Illusion of Traceability’ for Walmart

News Experts allege the biggest hurdle facing the blockchain systems being adopted by food retail giants such as Walmart and Nestlé has nothing to do with the technology itself. In an interview with Tech Wire Asia, published on Nov. 7, Craig Heraghty — Agribusiness Leader at “Big Four” auditor PwC..

Walmart Uses Blockchain Tech to Track Shrimp Supply Chains

News United States retail giant Walmart, in collaboration with IBM, will use blockchain technology to track its shrimp supply chains. On Oct. 4, Indian business publication LiveMint reported that Walmart will use blockchain technology to track its Indian-sourced shrimp to select locations of Sam&#..

Walmart’s Foray Into Blockchain, How Is the Technology Used?

Analysis Walmart is currently making use of blockchain technology to create a food traceability system based on the Linux Foundation’s Hyperledger Fabric. Along with IBM, the retail giant has already tested two proof-of-concept projects to examine its envisioned system. The first project deals ac..

Biggest Problems With Stablecoins, Explained

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor t..

‘Amazon of Japan’ Rakuten Launches Crypto Exchange Service

Rakuten, the “Amazon of Japan,” announced the launch of its new crypto exchange platform Monday, August 19, offering spot trading of crypto assets via a dedicated smartphone app. The e-commerce giant has been crypto-friendly for a while now, experimenting and investing in crypto payment systems sinc..

Walmart Files Patent for Blockchain-Based Drone Communication System

News American retail giant Walmart has submitted a patent application for a drone communication system that is based on blockchain technology. Walmart filed its patent with the United States Patent and Trademark Office (USPTO) on Aug. 1. The filing describes a system on a drone that encrypts and ..

10 Global Enterprises Looking to Issue Their Own Cryptos

Analysis The growing popularity of cryptocurrency has led to a revolution in the digital currency industry. Enterprises that were of noncrypto origin now have or plan to have their own crypto product. The 10 years of cryptocurrency’s existence has led to an unprecedented ease of transactions. It h..

Walmart’s Crypto Unlikely to be as Regulatory Controversial as Libra

At long last, regulators are taking note of the cryptocurrency space. The launch of Libra proverbially lit a fire under the derrieres of the world’s governments, many of which have disregarded Bitcoin and other digital assets, despite their massive bouts of growth over the past decade. While Libra ..

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