UPS Files Patent For a Blockchain Package Delivery Tracking System

Shipping giant United Parcel Service or UPS has filed for a new patent to use blockchain to assist in simplifying package delivery around the world. As per the documents published by the US Patent & Trademark Office or USPTO, the company has developed a system that utilizes blockchain and distributed ledger technology or DLT to dispatch packages worldwide using multiple carriers. Georgia-based UPS originally had filed the patent application on February 16. The concept, entitled “Autonomous services selection system and distributed transportation database(s),” involves storing numerous types of data within a distributed…

Walmart Turns to Blockchain to Ease Package Delivery Woes

With delivery being one of the most challenging aspects of online retail, Walmart is looking to solve the puzzle one blockchain patent at a time. On July 5 the Bentonville, Arkansas-headquartered big-box retailer was awarded a patent detailing an invention focusing on the delivery of packages as well as scheduling the delivery of these packages. Titled ‘Delivery Reservation Apparatus and Method” the patent which was filed early last year talks of delivery hubs (locker docking station) which use a public ledger to determine available capacity and make reservations. Reserving Capacity…