Blockchain continues to find innovative use not only in the disruptive technology stack, but also in all traditional industrial sectors. A patent application published by the US Patent and Trademark Office (USPTO) on August 30 indicates that the world's largest giant Walmart Inc. (WMT) could develop a system through which capable autonomous electronic devices (such as drones) can exchange information in real time one with the other on wireless signals, and even exchange physical objects, such as a delivery package, the one with the other after proper mutual authentication. (See also, Why Walmart Archives Blockchain Patents? )
An automated multi-delivery logistics model
entitled "Systems, devices and methods for authentication in the field of autonomous robots ", the system can be useful to build an authenticated network based on blockchain of drones (or delivery robots), in which a drone carries a particular package in a designated drone junction, where another drone is found to carry the package at the final or next transit point. The two drones will use signals and keys authenticated by blockchain to occur automatically, after which the first drone will move the packet to the right to the right. The ecosystem based on blockchain data items will ensure that all trust checks, transfers and final delivery to the final destination occur automatically. The other artifacts of this specialized network of automatic drones will include sensors, RFID codes, QR codes and ultrasounds.
How and when used in the real world, this system can offer multiple benefits. It will allow direct delivery from the factory to the customer in a minimum amount of time, as current operations involving a combination of air, rail and road transport entail significant delays.
It will also allow long distance delivery. While drones are currently being used in certain locations for delivery, they have limited coverage due to their limited battery capacity. The use of this system will allow the development of a coordinated network based on transit hub, similar to that of a train or plane for goods transported over long distances using multiple vehicles.
The automated mechanism of authentication and exchange based on blockchain help in minimizing delays and has the potential to completely remodel the logistics industry. Furthermore, it will allow real-time monitoring of packages by designated stakeholders.
Because the patent describes the system in a concept-only theme, the actual implementation and use of other blockchain-specific artifacts, such as smart contracts, is not yet confirmed. However, there are endless possibilities for customization within the blockchain technology, and various implementations can be obtained that can rationalize the entire drone-based logistics business with a high operational efficiency. (See also, Will Walmart use blockchain-based delivery fleets? )
Based on previous patents filings and applications filed by Bentonville, Arkansas's retail giant, has worked actively on various blockchain solutions for your business. Since the attempts to guarantee food security to the delivery fleets to the intelligent management of household appliances, it has been active in the blockchain space. (For more information, see Walmart and IBM will use the blockchain to ensure food security .)