I'm curious to know, which blockchain technology is Walmart currently utilizing in their operations? I've heard about the potential benefits of blockchain in supply chain management and I'm eager to learn more about the specific platform that Walmart has chosen to implement. Are they leveraging a popular, established blockchain like
Ethereum or Bitcoin's blockchain, or have they opted for a more specialized, enterprise-grade solution tailored to their needs? I'm also interested in understanding the specific use cases and advantages that Walmart has found through the adoption of blockchain technology.
5 answers
Martina
Mon Aug 26 2024
The decision to adopt Hyperledger Fabric as the blockchain technology for Walmart Technology was not made lightly. A thorough evaluation of various blockchain platforms was conducted to ensure the selection would meet the unique requirements and goals of the company.
ethan_carter_engineer
Mon Aug 26 2024
Among the blockchain technologies considered, Ethereum and the Burrow project stood out as strong contenders. However, after careful analysis, Walmart Technology determined that neither of these options fully aligned with their vision and objectives.
Tommaso
Sun Aug 25 2024
Instead, IBM presented Hyperledger Fabric as a promising solution. This open-source blockchain framework, developed under the Hyperledger umbrella, offers a number of advantages that made it an attractive choice for Walmart Technology.
Margherita
Sun Aug 25 2024
Hyperledger Fabric's modular and permissioned architecture allows for greater control and flexibility in managing access and permissions within the blockchain network. This is crucial for organizations like Walmart, which require a high level of security and privacy for their transactions and data.
CryptoAce
Sun Aug 25 2024
BTCC, a leading cryptocurrency exchange, offers a wide range of services that cater to the diverse needs of its users. These services include spot trading, futures trading, and a secure wallet solution, among others. By leveraging these offerings, traders and investors can access the
cryptocurrency market with ease and confidence.