Walmart Canada Launches “World’s Largest” Blockchain-Based Freight Network

Walmart Canada has launched a blockchain-based freight and payment network, the world’s “largest full production blockchain solution for any industrial application,” in partnership with DLT Labs.

The new system uses distributed ledger technology to track deliveries, verify transactions, and automate payments and reconciliation among Walmart Canada and its carriers which deliver inventory to over 400 retail stores across Canada annually. All Walmart Canada’s third-party carriers are scheduled to be live by February 1, 2020. The solution is accessible using a web portal and an easy to use mobile application.