U.S., Nov. 15 -- As Walmart Canada unveils the world's largest full production blockchain solution for any industrial application, Supply Chain Digital takes a closer look at what this means for the retail giants.

In collaboration with DLT Labs, the company has launched a new blockchain-based freight and payment network. The system leverages distributed ledger technology to track deliveries, verify transactions and automate payments among Walmart Canada and its carriers which delivers inventory to more than 400 retail stores across Canada every year.

What are the benefits?

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Data capture and integrity: A distributed repository increases trust and transparency by sharing information and automating workflows and calculations to minimise...