Categories: Blockchain

Walmart looks at blockchain powered customer marketplace

To quote the document: “A registration-based user-interface architecture includes a retail shopping facility operated on behalf of an enterprise having a plurality of physically-discrete items disposed therein that are offered for retail sale. A control circuit maintains a record (for example, in a blockchain ledger) of a particular customer’s purchase of a particular one of these items and also provides an opportunity to that particular customer to resell that particular item via a sales platform operated on behalf of the enterprise.”

Earlier this month, we reported that Walmart had filed a patent involving blockchain powered autonomous ground vehicles (AVGs). Restricted access areas at a customer’s home would receive packages from the AVGs. Blockchain technology could form part of a solution providing authentication-based access and encryption and the distributed network could also be used to track and authenticate goods.

The patent application stated: “When a customer interacts with a product, the customer is permitted to do so via a private or public authentication key. In response, new blocks may be added to subsequent root blocks, which will contain information relating to the date and time a product delivered by the AGV was accessed, as well as the authentication key that accessed the product.”

Sheba Karamat

Sheba has 20 years’ experience in growing and running recruitment businesses, placing executives with financial and digital tech backgrounds into organisations such as Disney, Aviva, BBC, Barclays, News UK and Penguin Random House. Heavily involved in the sale of her previous recruitment business to James Caan CBE, the Dragons Den entrepreneur. Founder and CEO of Coin Rivet and mother to four amazing children.

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