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Walmart Canada’s blockchain freight supply chain proving its value

Published 09/09/2020, 10:11 AM
Updated 09/09/2020, 12:00 PM
Walmart Canada’s blockchain freight supply chain proving its value

While it’s notable that some enterprises are beginning to deploy blockchain solutions this year, it’s important to point out that very few have done so. A report from Everest Group Research published in June shows that while 79% of projects have completed their pilot phases, only 7% have been deployed to production in 2020.

That being said, it’s impressive that one of the world’s largest retailers has successfully deployed and implemented a blockchain solution. Walmart (NYSE:WMT) Canada has adopted DL Freight, a blockchain-based supply chain platform, as its national standard for freight invoices and payment management to be used among 60-plus transportation carriers.

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