Wal-Mart applies for patent based on blockchain-based drone communication

According to Coindesk's August 14 report, retail giant Wal-Mart recently applied for a blockchain-based drone patent.

2

(Source: Pixabay )

According to the US Patent and Trademark Office, Wal-Mart filed a patent application for the "Cloning Drones Using Blockchain" in January 2019 and disclosed the patent on August 1. Interestingly, this patent application for the UAV Coordination System based on blockchain technology and the Walmart Digital Currency patent application were published on the same day.

This is not the first time Wal-Mart has applied blockchain technology to drones. As early as 2017, Wal-Mart applied for a patent for a blockchain-based drone package delivery system.

Patent content shows that blockchain technology will be used to transmit information such as drone identification numbers, flight altitudes, flight speeds, flight routes, battery information, or loading capabilities. At the same time, it can share information based on the middle location of the drone.

The patent claims that the advantage of blockchain technology is to maintain data integrity:

The blockchain ledger can store various types of information in any other format or medium, such as different kinds of instruction lists, navigation information, and maps. With the blockchain, you can deploy the same software configuration file on a cloned drone.

1

In addition to this patent application, Wal-Mart has applied for many patents on drone delivery services. In addition, drone coordination and communication purposes are also on the list. By deploying data on decentralized encrypted ledgers, Wal-Mart can use operational parameters without having to worry about leaks.

However, patent application issuance and patent issuance are not the same. Patent applications are only the first step in the lengthy application process.

This month, Wal-Mart applied for a cryptocurrency patent to compete with Facebook's Libra.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Dividends or repurchases: conspiracy and conspiracy of the exchanges

Today, there is a gap between the major exchanges such as the fire currency, the currency security, and the OK. The r...

Blockchain

Why do I always receive "Exchange Withdrawal" messages? Learn about the classification and protection measures of Web3.0 data leakage events in this article.

This article will introduce you to the classification of Web3.0 data breaches and what measures we should take to pr...

Policy

The Crypto Circus: A Bug’s Billion-Dollar Bonanza

During the 10th day of Sam Bankman-Fried's trial, talks focused on a software glitch and the allocation of funds for ...

Market

Why SEC Chairman Gary Gensler is Cracking Down on the Crypto Market: Latest Speech

SEC Chairman Gary Gensler gave a speech on June 8 at the Piper Sandler Global Exchange and Financial Technology Confe...

Blockchain

The kimchi premium breaks $1,000! South Korea’s "disfigured alcohol addiction" has another episode?

The quiet year's kimchi premium once again swayed, and it was a bit like the scene before the bull market in 201...

Opinion

Amazon's participation and the skyrocketing value of AI company Anthropic become FTX's biggest hope of repaying the debt?

FTX previously invested $500 million as a lead investor in Anthropic's Series B financing round, so the expected appr...