News, Editorials & Opinions

Walmart Files Patent for Blockchain-Based Customer Marketplace
May 21, 2018
 

Walmart has filed a patent for a blockchain-based marketplace for reselling purchased products, according to a US Patent and Trademark Office USPTO patent filing from May 17. The application describes a service that would record a customer’s purchases in a blockchain ledger, thus allowing the customer to resell the items on a sales platform using the record of purchase.

The patent notes that since customers don’t always plan to use an item for its lifespan, and are generally “left to their own devices to arrange for a subsequent resale,” the architecture described in the patent can provide “additional support to greatly ease and facilitate their later reselling of items.” The interface could be point-of-sale, browser-based, or a mobile device among other options.

Source: Cointelegraph (https://cointelegraph.com/news/walmart-files-patent-for-blockchain-based-customer-marketplace)

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