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Wal-Mart to use Blockchain Technology for Drone Delivery

Blockchain

Applications of Blockchain Technology

Blockchain, the underlying technology behind Bitcoin is now being looked up by Wal-Mart.

Wal-Mart is seeking for approval of a patent involving a new type of Drone delivery system. This new drone delivery system will deposit packages into secure lockers. Also it can even communicate with the drone. The delivery lockers will unlock and open automatically without any intervention of human.

Blockchain technology will be used in this case to provide package tracking and identification. The tracking system will add a layer of security for delicate and shot-shelved life items like food, flowers, or medications.

The patent is being applied which cites the advantage of Blockchain’s efficacy for various factors like location, customer identification, temperature, etc

Apart from the above, Wal-Mart is also intending to deploy a Blockchain based solution in which it can track import of Food items from China. Ensuring that shipping dates and quality are fully traceable, accurate and on time, it  could earn the seller a better reputation for selling only healthy items.

Drones are still being hammered by the U.S Government regulations. Probably it is unlikely that Wal-Mart can successfully pair drone delivery with the Blockchain technology in near future.

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