Blockchain in application: Walmart and DLT Labs

Last November, DLT Labs and Walmart announced the launch of a “blockchain based” freight and payment network that uses ledger technology to perform several tasks including tracking deliveries, verifying transactions, automating payments and performing reconciliations between Walmart and its carriers.

We spoke to Loudon Owen, CEO of DLT Labs about the partnership about how this move is expected to impact Walmart Canada.