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Walmart’s Claim
Walmart argues that consumers would have trouble trusting flying machines with the delivery of their ordered goods. It raises challenges related to security and requires a reliable system of drone identification.
The blockchain system described in the filing comprises “a plurality of nodes configured to generate computational proof of record integrity and the chronological order of its use for content, trade, and/or as a currency of exchange through a peer-to-peer network”. And, “each node works on finding a difficult proof-of-work for its block”. It is also possible to build smart contracts into this framework, says Walmart’s team. https://techiescoops.com/walmart-to-use-blockchain-for-connecting-automated-delivery-drones/
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Walmart’s recent patent efforts have showcased how the retail giant is investigating blockchain. Furthermore, a new filing points to a focus on automated delivery drones. Walmart published the application on August 30. It details a system by which “autonomous electronic devices” communicate with each other wirelessly. They can also pass transported objects to each other after an identification process.
After one drone travels to a specific spot where another one is located, they exchange authentication signals using “blockchain...
According to the country’s public broadcasting organization NHK, the special software is a wholly-funded effort from the NPA to prevent propagation of as an illicit financial vehicle. Historically, Japan has been liberal in regard to cryptocurrencies and was the first major economy to recognize Bitcoin as a legal tender. However, the onslaught of criminal activities and hacks is causing the country to introduce stricter rules. Monero, Dash, and Zcash are banned from trading in Japan, due to security concerns. This seems valid as their anonymous features make it substantially difficult to trace a user’s transaction history.https://media.techiescoops.com/
