Walmart Wants To Use Blockchain To Power Drone Delivery System

Walmart Wants To Use Blockchain To Power Drone Delivery System

SUMMARY

It has filed a patent for a drone-to-drone communication method using blockchain

In 2017, Walmart has also filed another patent for blockchain-backed drone package delivery

Amazon too has been planning the launch of its drone delivery project soon

Flipkart’s parent and a global ecommerce giant Walmart has filed a patent for a method of drone-to-drone communication using blockchain. The patent application titled ‘Cloning Drone Using Blockchain’ was filed by Walmart in January 2019, and has gotten published on Aug 8. 

The patent has claimed a drone to drone communications method comprising of capabilities such as determination and encryption of the Drone A’s location which can be then stored in a block of blockchain. Further, the method will also enable Drone A to detect if there’s a second drone in its proximity, for which it will retrieve the saved location details of Drone B from the blockchain block, and more.

According to Walmart, the currently available communications method between devices or vehicles allow for more informed devices, but does not include collaborative computing, or collaboratively storing data in databases.

With a blockchain-based communication method, the company expects the development of communications method where every vehicle is aware of the speed, direction, braking, etc, of the other vehicles, allowing unprecedented coordination, along with the possibility to relay messages from vehicle to vehicle.

Earlier in 2017, Walmart has also filed another patent application for a drone package delivery system using blockchain. 

Interestingly, Walmart is not the only ecommerce giant, thinking of drone deliveries. Amazon too has been eyeing drone deliveries with its Prime Air initiative. 

Recently in June, Amazon had unveiled a new design of its fully electric drones that can fly up to 15 miles and deliver packages under five pounds to customers in less than 30 minutes. 

These drones are part of the Amazon’s Prime Air program which the company has been testing in multiple international locations through its development centres in the United States, the United Kingdom, Austria, France, and Israel.

While, Amazon is expected to start delivering packages via drone to customers within months. Walmart too seems to be following suite, with its new patent. 

Even though the technology used by the two companies seems to be way different.  While, Amazon’s is said to be using diverse sensors, advanced algorithms and Amazon’s proprietary computer-vision and machine learning algorithms, to detect static and moving objects around it.  

Walmart seems to be going for a blockchain-based delivery system. Speaking of the advantages of using blockchain, Walmart said,”Blockchain provides integrity of the information being delivered. A blockchain ledger may store any kind of information that may be stored in any other format or medium, for example, a large list of instructions of different types, navigational information, and maps. In such a way, the same software profile may be deployed across the cloned drones.”

[This development was first reported by Coindesk]

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Walmart Wants To Use Blockchain To Power Drone Delivery System-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Walmart Wants To Use Blockchain To Power Drone Delivery System-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Walmart Wants To Use Blockchain To Power Drone Delivery System-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Walmart Wants To Use Blockchain To Power Drone Delivery System-Inc42 Media
Walmart Wants To Use Blockchain To Power Drone Delivery System-Inc42 Media
You’re in Good company