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U.S. tech giants and retailers have been filing a patent after patent, developing the new future use cases of blockchain technology. Walmart, the largest retailer in the United States, is also leaving no stone unturned.
Walmart has recently filed another patent that shows the company’s interest in blockchain-powered drones. Blockchain and crypto patents are no strangers to Walmart. Previously, Walmart has filed a blockchain-based patent for autonomous robot delivery. Moreover, the largest retailer in the U.S is also planning to launch its own native crypto coin with another patent to make the purchase at any Walmart store easy and conveniently. With these moves, Walmart has indicated that it is not going to be left behind when it comes to adopting new technologies.
As published by the United States Patent and Trademark Office on August 1st, the internet commerce giant filed for an application entitled “Cloning Drones Using Blockchain” in January 2019. Apparently, this blockchain patent was brought out publicly exactly on the same date as the aforementioned cryptocurrency patent of Walmart.
With this patent application, Walmart seems to have increased its interest in developing blockchain-based drone communication technology. This isn’t the first application Walmart has filed for blockchain-based drone tech. In 2017, Walmart had filed another patent for blockchain-backed drone package delivery system along with many other blockchain patents.
As this current patent explains, distributed ledger technology will be used to transmit information regarding one drone to another drone. The information includes drone identification numbers, flight heights, flight speeds, flight routes, battery information, loading capacity, etc.
The benefit of blockchain technology, the patent claims, lies in data integrity:
“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.”
Blockchain and Crypto Patents Are on the Rise
Communication and coordination with other drones aren’t the only use cases of this tech. The data can be later encrypted on the blockchain and all the instructions can be executed without worrying about it being compromised.
The United States Patent and Trademark Office has published the information regarding the patent but the patent isn’t issued yet. Walmart is being seen making considerable efforts with its blockchain and crypto-based patents.
When the largest companies and corporations in the world are competing for such patents, it is clear that the crypto industry is gaining more and more momentum.