Wal-Mart Launches Freight and Payment Blockchain Network

Walmart continues work in the space. Here again covering tracking, payment processing and dispute analysis. Good example to track further. More at the link.Walmart launches ‘world’s largest’ blockchain-based freight-and-payment networkWalmart Canada’s blockchain hits the sweet spot for the supply chain industry as it solves issues such as invoice dispute resolution and real-time data distribution.By Lucas Mearian in ComputerworldThe Canadian division of Walmart has launched a blockchain-based supply chain that includes freight tracking and payment processing for 70 trucking companies whose goods are transported to more than 400 retail stores.The system is now live and all of Walmart Canada’s third-party freight carriers are scheduled to be on the network by Feb. 1, 2020, the company said in a statement. Walmart claims the blockchain network is the largest of its kind in the world, a claim not disputed by industry analysts. …. “Walmart continues work in the space. Here again covering tracking, payment processing and dispute analysis. Good example to track further. More at the link.Walmart launches ‘world’s largest’ blockchain-based freight-and-payment networkWalmart Canada’s blockchain hits the sweet spot for the supply chain industry as it solves issues such as invoice dispute resolution and real-time data distribution.By Lucas Mearian in ComputerworldThe Canadian division of Walmart has launched a blockchain-based supply chain that includes freight tracking and payment processing for 70 trucking companies whose goods are transported to more than 400 retail stores.The system is now live and all of Walmart Canada’s third-party freight carriers are scheduled to be on the network by Feb. 1, 2020, the company said in a statement. Walmart claims the blockchain network is the largest of its kind in the world, a claim not disputed by industry analysts. …. “Read More

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