It is official! A patent filed by Walmart for a blockchain based marketplace that will be reselling purchased goods. The service will each purchase by a customer in the blockchain ledger and will allow customers to resell products on a sales platform using each record of the purchase.
The patent is that since people don’t always plan to use a product for its full lifespan and are really “left to their own devices to arrange for a resale.”. The patent can provide great support to ease and facilitate the reselling of items.” The interface could be browser-based, point of sale, and a mobile device with other options.
The patent by Walmart, mentions the rise of competition from non-traditional shopping mechanisms as an reward for bricks and mortar stores to stay ahead of new advanced technologies that could better a customer’s experience.
By Darius Gaynor