Blockchain technology and adoption is about to explode. This is the prediction of the Massachusetts Institute of Technology (MIT) Technology Review, which expects blockchains to become commonplace this year.
Walmart, the world’s largest retailer both by revenue and employee count, has turned to blockchain technology for help in its battle with E.coli contamination scares.
Walmart proposes a system of locker hubs where packages can be deposited until their recipients can sign for them, and a monitoring system for the availability of these lockers on a blockchain.
Suppliers have begun entering food products into the ledger.
The U.S Patent and Trademark Office (USPTO) published two patent filings by Walmart describing blockchain-based applications that will help secure payments and protect private information from third parties.
