Walmart has filed a patent for blockchain-based technology to create a secondary marketplace for customers to resell products purchased at Walmart stores, CoinDesk reports. The filing, which follows others published last month, is the latest indication that Walmart is looking to amass blockchain intellectual property.

The new patent application, published Thursday by the U.S. Patent and Trademark Office, outlines a blockchain-based system that registers customers’ purchases at Walmart stores. The system also gives customers the opportunity to resell their items on a sales platform operated by Walmart.

“Such customers will have ready access to informative, reliable, and likely persuasive content regarding the items they seek to resell,” says the patent application, originally filed on Nov. 16. “The customer receives such benefits while avoiding considerable effort or attention.” Read more here.

ThirtyK Staff
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