Walmart Files Patent Application For Autonomous Vehicle Deliveries

- Advertisement -

The big box retailer has been making forays into blockchain technology to improve its supply chain. This latest patent may be a bid to compete with Amazon to get goods straight to customers.

Multinational retail behemoth Walmart filed an application for a patent in October 2017 that was published May 10, 2018, which hints at a possible use case for blockchain technology. The system may involve autonomous ground delivery vehicles that would be given access codes to automatically gain entry to secure areas, negating the need for an in-person recipient.

“Products delivered to a home address and left on the property of the customer when the customer is not home (e.g., at work) may be stolen and/or damaged (e.g., by people or weather) before the product is picked up by the customer,” the US Patent and Trademark Office application reads. “While it is not uncommon for residences to have restricted access areas protected by gates/doors where the product or products being delivered may be dropped off by the delivery service, such gates/doors typically require an access code that the delivery services do not have and thus cannot access such restricted areas.”

ETHNews reached out to Walmart’s corporate office for comments but did not receive a response by time of press.

- Advertisement -

Walmart’s application may be a competitive response to services that are available from Amazon.com. Amazon offers both Amazon Key, which includes a keypad door lock that would allow Amazon delivery drivers temporary access to customers’ houses; and Amazon Key In-Car, which would open your car’s door or trunk for a delivery person. Both are being billed as ways to allow secure delivery of packages without requiring that a recipient be present.

The proposed invention may also be related to Walmart’s push to retrofit its supply chain processes with blockchain technology. The retailer announced it was testing blockchain traceability for food safety last May, and Bloomberg reported on April 23 that it was ready for a live run. Arguing that the implementation will reduce waste and contamination, the company is claiming the technology will cut produce tracking from six days to two seconds.

Walmart has been testing IBM’s Blockchain-as-a-Service (BaaS) platform since 2016 and is part of an IBM blockchain consortium, which includes Dole, Driscolll’s, Kroger, McCormick and Company, Nestle, Tyson Foods, and Unilever, among others.

Frederick Reese is a politics and cryptocurrency reporter based in New York. He is also a former teacher, an early adopter of bitcoin and Litecoin, and an enthusiast of all things geeky and nerdy.

Like what you read? Follow us on X @Bitnewsbot to receive the latest Walmart, patent or other Ethereum business and finance news.



Previous Articles:

- Advertisement -

Latest News

Binance Australia restores PayID and bank transfers renewed.

Binance Australia has restored direct deposits and withdrawals via PayID and bank transfers after...

Scaramucci: CLARITY Act makes USD less competitive vs eYuan.

Anthony Scaramucci says the expanded prohibition on yield-bearing stablecoins in the CLARITY Act weakens...

MSFT Poised for Rally: Morgan Stanley $650 Target 38% Upside

Morgan Stanley labeled Microsoft "overweight" and kept a $650 price target, implying about 38%...

Van de Poppe: Overregulation Would Harm Markets, Gut DeFi…

CLARITY failed to advance in the U.S. Congress, a development seen as positive for...

Tesla shares edge up as NHTSA grants probe extension – 2025.

Tesla received a five-week extension to respond to a U.S. probe of its "full...
- Advertisement -

Must Read

What Is Bcrypt Password Hashing Function?

KEY TAKEAWAYSBcrypt is a password hashing function that transforms plain passwords into unique alphanumeric sequences.It is a one-way process, ensuring that passwords cannot be...
Bitcoin (BTC) $ 92,593.00 2.58%
Ethereum (ETH) $ 3,211.90 2.74%
XRP (XRP) $ 1.94 5.56%
Bittensor (TAO) $ 250.50 8.31%
Polkadot (DOT) $ 1.96 10.56%
Cardano (ADA) $ 0.362675 8.47%
Chainlink (LINK) $ 12.84 6.42%
Hyperliquid (HYPE) $ 24.09 5.20%
Monero (XMR) $ 610.97 5.61%
Hedera (HBAR) $ 0.107956 8.77%
Toncoin (TON) $ 1.61 7.43%