Walmart and Amazon are intensifying their competition for grocery spending by expanding their private-label presences.

Walmart and Amazon Expand Private-Label Plays to Compete in Grocery

The USDA announced that over 16,000 pounds of ground beef sold at Walmart stores across the country have been recalled.

16,000 pounds of ground beef at Walmart recalled for potential E. Coli contamination

More than 16,000 pounds of Walmart ground beef products from Cargill Meat Solutions have been recalled due to concerns about E. coli contamination. Here&#x27;s how to double check that the beef in your fridge or freezer is safe.

Check Your Fridge: Over 16,000 Pounds of Ground Beef From Walmart Have Been Recalled Due to E. Coli Concerns

Some major deals on board: A super-handy collapsible garden cart for over $200 off, a cordless Shark pro stick vacuum for over 50% off, and a 65-inch Philips 4K smart TV for under $400.

The 30 best Walmart deals to shop this weekend — save up to 80% on outdoor essentials, Mother's Day gifts and more

The retailer has made a push into a new field recently.

Walmart closes dozens of locations for this key service - TheStreet

Discover food news, restaurant ordering tips, trending recipes, meal ideas and so much more.

Walmart's New $3 Butter Has Fans Obsessed

Over 16,000 pounds of raw ground beef sold at Walmart stores nationwide have been recalled due to possible contamination with E. coli bacteria, the USDA says.

16,000 pounds of ground beef sold at Walmart recalled over possible E. coli contamination

Fast Company is the world&#x27;s leading progressive business media brand, with a unique editorial focus on innovation in technology, leadership, and design.

Walmart ground beef E. Coli recall 2024: list of states, symptoms

Cargill Meat Solutions is recalling more than 16,000 pounds of beef shipped to Walmart locations across the country over concerns that it could be contaminated with E. coli.

Ground beef sold at Walmart recalled over E. coli concerns | Fox Business

More than 16,000 pounds of raw ground beef products were recalled by the US Department of Agriculture on Wednesday on concerns the meat may be contaminated with E. coli.

Eight tons of ground beef sold at Walmart locations nationwide recalled for possible E. coli contamination | CNN Business

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In 2021, hosted the first-ever awards!! HackerNoon Startup of the Year The goal of this campaign was to give recognition to the hardworking startups who pulled through the pandemic -- growing and thriving (despite all of the challenges). More than 44,000 startups were nominated all across the globe! They were selected from over 4,553 cities, with a total number of * cough * “4 billion” votes. Insane, right? To see who is a winner in each respective city, visit and pick a city. The name at the top of the list is the winner. (Compromised awards are under review. Cities with tie votes will be updated to have two winners!) startups.hackernoon.com The will announce the winners per region in their respective cities. Startups Winners Announcement series Here are the winners in the : Asia region Top Startup Cities in East Asia Seoul The Startup of the Year in is with 377 votes! Seoul dable Central is the Startup of the Year! It came out ahead with 121 votes. 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Nutrition Technologies Senai Bekasi Kota couldn’t be beaten for Startup in the Year in ! 8villages Bekasi Kota Top Startup Cities in Middle East Tel Aviv, Israel The Startup of the Year in is with 1,065 votes! Tel Aviv hyro Beirut, Lebanon is the Startup of the Year! It came out ahead with 1,276 votes. Hovi Digital Lab Beirut Riyadh, Saudi Arabia With 350 votes, came out as the Startup of the Year in ! Flicron Riyadh Tel Aviv-yafo, Israel When it comes to , is the Startup of the Year with 167 votes! Tel Aviv-yafo Cymbio Haifa, Israel couldn’t be beaten for Startup in the Year in , it won with 183 votes! Pico Haifa Amman, Jordan In , with 141 votes, is the winner! Amman Edexy Dubai, United Arab Emirates In , the Startup of the Year is with 74 votes. Dubai Ziina Doha, Qatar In , is declared the Startup of the Year! Doha SkipCash Tehran, Iran The winner in is . BeyondBoard AR Tehran Jerusalem, Israel In , is the winner! Jerusalem SolidBlock Rishon Le Zion The Startup of the Year in is ! Rishon Le Zion Passparto Ness Ziona, Israel is the Startup of the Year! Soapy Ness Ziona Kuwait, Kuwait came out as the Startup of the Year in ! Brapper Shop Kuwait Manama, Bahrain couldn’t be beaten for Startup in the Year in ! Doctori Manama Lod, Israel is the winner in ! Phinergy Lod Agudat Israel, Israel When it comes to is the Startup of the Year with [vote ] votes! Agudat Israel, Aqaurius Engines Beersheba, Israel In , the Startup of the Year is . Beersheba Visual Estate Ltd Giv'atayim, Israel In , is declared the Startup of the Year! Giv'atayim WSC Sports Modi'in, Israel The winner in is . Modi'in Loginno Nazareth, Israel In , is the winner! Nazareth AR Guide In Medical Ramat Gan, Israel The Startup of the Year in is . Ramat Gan Datos Health Baghdad When it comes to , is the Startup of the Year! Baghdad Mishwar Khobar In , the Startup of the Year is . Khobar Garage Misgav couldn’t be beaten for Startup in the Year in ! Eden Shield Misgav Sharjah came out as the Startup of the Year in ! Bookends Sharjah Affula In , the Startup of the Year is . Affula eMotion Technologies Bene Beraq, Israel In , is the winner Bene Beraq Reflectiz Caesarea, Israel In , the Startup of the Year is . Caesarea CardiacSense Dubayy In , is declared the Startup of the Year! Dubayy North Ladder Muscat couldn’t be beaten for Startup in the Year in ! iLab Marine Muscat Tirat Carmel In , the Startup of the Year is . Tirat Carmel PassCall Advanced Technologies Hod Hasharon, Israel The winner in is . Hod Hasharon Idomoo Holon, Israel came out ahead as the Startup of the Year! OptimalPlus Holon Jeddah, Saudi Arabia When it comes to , is the Startup of the Year! Jeddah Arabian Combustion Technologies Ramat Hasharon, Israel is the Startup of the Year! Lumen Ramat Hasharon Al Khobar came out as the Startup of the Year in ! Swyft Al Khobar Bet Shemesh In , is the winner! Bet Shemesh Degania Medical Binyamina When it comes to , is the Startup of the Year! Binyamina OncoHost Makkah In , the Startup of the Year is Makkah Scimagine Or Akiva Last but not least, couldn’t be beaten for Startup in the Year in the city of ! WMT Or Akiva More Information: If you’re a winner, please answer ! If you’re a reader, participant, just a curious individual, consider answering one of our interviews . this interview here Read the FAQs about or . Startups here here To see all of the winners you may visit , pick any city and view the name that appears at the top. this site If you’re interested in partnering with us, we invite you to look through some of these or reach out to our business department. unique sponsorship options Perhaps creating your very own tickles your fancy or maybe you have a whole new idea for how we can partner! writing contest Thank you to all of our sponsors! We truly appreciate your contribution to the tech world and thus the future! The Startups Awards are sponsored by: , , , , , , , , , , Blockster Brex FreeCodeCamp LaunchDarkly Coil Udacity Udemy Vercel Asia Pacific Transgender Network Bybit Everscale Network The post was written by Kushal Tamrakar and Valerie Ejegi, edited by Hang Ngo. If you have any questions or concerns or would like to report a discrepancy please email ellen@hackernoon.com.

Meet the Winners of Startups in Asia

Introduction Walmart is the world's largest American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It also owns and operates Sam's Club retail warehouses. According to mantracare.in, as of January 31, 2020, Walmart had 11,484 stores and clubs operating in 27 countries under 55 distinct names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India. It has wholly owned operations in Argentina, Chile, Canada, and South Africa. Since August 2018, Walmart only holds a minority stake in Walmart Brasil (formerly known as Grupo Big), with 20% of the shares, and private equity firm Advent International holds 80% ownership of the company. The retail industry driven by Walmart stores is based on providing low prices for products and services. The business model of Walmart comprises a number of strategies, including economies of scale, everyday low prices (EDLP), price leadership, international expansion, and e-commerce. Let's explore how Walmart became the largest retail mansion in this blog. Brief History of Walmart Walmart was founded by Sam Walton in 1962. He was a farmer's son who, after serving in the Army and working in various jobs, opened a store in Rogers, Arkansas. Walton was determined to provide his customers with low prices and quality merchandise. By 1970, the company also began expanding its product lines to include items such as clothing and home furnishings. In the early 1990s, Walmart began expanding outside of the United States. Today, Walmart operates more than 23 lakh employees and more than 11000 stores worldwide. The company has generated more than 572 billion dollars in revenue for 2022. The Foundation Stones for Walmart’s Insanely Successful Enterprise Model Walmart's success can be attributed to many factors, but a few key reasons are the culture of reverence and values that Sam Walton instilled in his company, as well as doing the basics of retailing correctly. Additionally, Walton was known for his humility and perseverance, which helped him build Walmart into the powerhouse it is today. The Walton family is now worth an estimated 215 billion dollars. Avant-Grade Strategies that Handcraft the Walmart business model for Phenomenal Success The Walmart business model is based on providing low prices for products and services while employing strategies such as economies of scale, everyday low prices (EDLP), price leadership, international expansion, and e-commerce. These strategies allow Walmart to keep costs low while still making a profit so they can offer their customers everyday low prices. These efforts eventually made Walmart the largest retailer in the world. Additionally, Walmart’s outlet planning ensures that they have stores in every major city, so consumers have easy access to their products. Finally, Walmart’s buying strategy is to buy directly from the manufacturing units, which allows them to get the best prices. They also place multiple bulk orders for different products so they can get the best price for each product. Let’s have a look at some key business transformation strategies of Walmart which allows the retail to perennially supply the cheapest products: 1. Pre-Season Buying Walmart's pre-season buying strategy is to purchase the products before the season when they are needed. This allows them to get the best prices because it is not in season**.** 2. Voluminous Purchases Walmart's voluminous purchases strategy helps it to keep its prices low and deliver the cheapest products to its customers. By buying in bulk, Walmart can get discounts from suppliers, which it then passes on to consumers. Additionally, by distributing its stock across two separate units - wholesale and international - Walmart is able to keep its store costs down. This allows it to offer lower prices than competitors. In fact, the three important segments of Walmart, viz. Walmart U.S, Walmart International, and Sam's Club have been architected to offer the lowest price. Walmart U.S. is a retailer that operates in the U.S. and provides customers with products and services that are not present physically in stores. Walmart International is also divided into three sections which are retailers, wholesalers, and other small projects. Sam's Club is the online platform of Walmart's company, i.e., " ." samsclub.com 3. Lower Logistics Cost In order to reduce its logistics cost, Walmart uses a principle called cross dock HUB spoking. This principle allows Walmart to connect two vital dots - the first dot is the manufacturer and the second dot is the store. These two dots are connected amongst themselves by Walmart distribution centers. The manufacturer loads and transfers items in bulk to the distribution centers. With these distribution centers, cross-doc, HUB & Spoke distribution architecture is used. The items here are loaded in different trucks to be transferred to the respective retail stores that they have to be transferred to. This significantly reduces the cost of transportation to several retail stores. Walmart also ensures that its manufacturers use the least amount of packaging material so that the lesser the packaging material, the more the domino effect of shelving. 4. Outlet Planning Walmart plans its outlets by studying the buying behavior of the consumers in that particular area. They identify what the people in that location are looking for and try to offer the best prices for those products. Additionally, Walmart also looks for ways to keep its costs low so that it can continue to offer the lowest prices to its customers. As a strategic move, Walmart opens big stores within small cities deliberately because the cost of real estate is cheap, which allows Walmart to open big stores with less capital investment. Additionally, small cities have a higher number of middle-class residents who are looking for affordable shopping options, and the store that offers the lowest prices tends to attract the most traffic. 5. Hyper-Clustering of Stores By clustering its stores, Walmart is able to sell products at a lower price than if the stores were spread out. This is because customers are more likely to travel to a Walmart store if there is one located close by, which allows Walmart to offer lower prices on its products. On average, a Walmart store is located every 10 miles in the USA. Additionally, the layout of Walmart stores puts the cheapest items in the front, which encourages customers to buy more items overall. As a result of these strategies, Walmart has seen significant growth in stock prices over the past five years (about 67% YoY growth). 6. Psychological Factors Walmart also knows that people hate to waste money. So, their stores are designed in a way that will make customers buy more than they intended to. On average, every customer who enters a Walmart store spends between $30 and $50. This is because Walmart has taken care of customer buying behavior and leverages the same. As you enter a Walmart store, you'll be provided with a trolley. This is done for your convenience, but it's also a psychological ploy. Once you take the trolley and start walking through the store, your mind will initiate a buying behavior. Because of peer pressure and self-esteem, you'll never walk out of the store with an empty trolley. The products are placed in a way that makes you walk through every aisle. And at the end of each aisle, there's usually a tempting product like candy or cigarettes. 7. Everyday Low Prices As you move further into the store, you can find boards that list "Everyday Low Prices." Looking closely at these prices, you'll notice that every price is written in whole numbers and decimals, for example, something like - 7 dollars and 68 cents; 9 dollars and 33 cents (usually odd numbers). This is a psychological ploy to make you feel like you're not spending $8 or $10 on two items but rather making a $7 and $9 purchase. Most people feel odd-number purchases are cheaper than even-number purchases, so this tactic tempts them to buy more. 8. Market Basket Analysis Walmart uses market basket analysis to study the economic environment and then place its products in racks sequentially. This encourages customers to buy more products since they are placed in a logical order. For example, 95% of people first buy cornflakes and then milk to go with it. Walmart knows this and so places cornflakes first and milk next. This encourages customers to buy milk when they are already in the store buying cornflakes. 9. Vendor Managed Inventory Walmart's use of VMI (Vendor Managed Inventory) ensures that its products never go out of stock. By linking every Walmart store to the distribution centers near it, as well as to its suppliers, Walmart is able to track inventory levels in real time. This allows suppliers to timely replenish their stocks, ensuring that products are always available at Walmart stores. 10. Global Economy Impact Analysis Walmart stores tend to increase the stock of consumable items by up to 50% during recessions, as these are typically the types of items that are bought more when people are struggling financially. Conversely, they will stock fewer non-consumable, non-perishable items during good times as people are less likely to buy them. This allows Walmart to remain profitable regardless of the economic conditions. How Walmart Overcame the Amazon Threat In Retail So, how did Walmart manage to overcome the Amazon threat in retail? Let’s find out. Well, first of all, Walmart tested its grocery delivery services way back in 2013, and the results were amazing. In 2017, Amazon acquired Whole Foods for $13 billion to enter the grocery delivery space. However, Walmart has been crushing Amazon in grocery delivery. How do they do it? In order to overcome the fierce market competition poised by Amazon, Walmart has been investing in its own e-commerce platform and delivery infrastructure. Apart from that, Walmart also offers a wider selection of products than Amazon, and it also offers lower prices. Walmart also has a strong presence in rural areas, which is where Amazon has been struggling to make inroads. a) Large Inventory That Delivers Almost Everything Within Two Hours Walmart offers a quick and convenient delivery service that beats Amazon's delivery times. Walmart offers a large variety of items that can be delivered within two hours, while Amazon only delivers groceries. b) Quality Control Walmart's quality control was one of the main ways that it was able to overcome the Amazon threat in retail. Walmart's quality control ensures that all of the products that are sold in its stores are of high quality, which gives customers confidence in what they are buying. This is in contrast to Amazon, which does not perform any quality checks on approximately 70% of its products that are sold through its site by third-party sellers. This means that customers cannot be sure of the quality of the products they are buying, which can lead to disappointment and frustration. By ensuring that all of its products meet a high standard, Walmart was able to provide an advantage over Amazon and remain the top retailer in the world. c) Membership Fee Amazon's free delivery within two hours is only for customers who have a prime membership, which costs $99 per year. Walmart's express delivery, on the other hand, is free for all customers if they make a minimum purchase worth $35. This lower threshold made Walmart more attractive to budget-conscious shoppers and helped it to attract more customers than Amazon. d) Acing With Faster Reverse Logistics If you order a non-grocery item from Amazon and wish to return it, it might take you 2-3 days. And the entire cost of reverse logistics has to be borne by the seller who sold the product through Amazon. However, with Walmart, if you have placed a return order for any product, then the Walmart store is just 10 miles away from you. So this entire process is very fast. e) Sustainability Walmart was able to overcome the Amazon threat in retail with its sustainability factor. Walmart is highly profitable and has a stronger reputation than Amazon in retail. Amazon is known for its cloud web services more than retail and e-commerce. So, within a more fierce market competition scenario, Walmart can lower the prices of its commodities even further while maintaining its strong sustainability factor. This will allow Walmart to maintain its competitive edge against Amazon and continue to be the top retailer in the world. Key Business Lessons Learnt from Marketing Strategy of Walmart The Walmart business model is largely successful due to the implementation of simple laws of retailing at an extraordinary scale. The company has been able to provide value to customers within the non-luxury segment, which has resulted in customer loyalty. Some of the key business marketing lessons that can be learned from Walmart are: 1. Focus on providing value to customers Walmart has always focused on providing value to its customers by offering low prices and a wide variety of products. This has helped it to become the largest retail giant in the world. 2. Keep costs low Walmart has been able to keep its costs low by using innovative methods such as using smaller stores, centralizing its procurement and distribution operations, and using self-checkout counters. 3. Embrace technology Walmart has embraced technology very well and has been using it to improve its operations and provide a better shopping experience to its customers. Be relentless in your pursuit of growth 4. Walmart has always been relentless in its pursuit of growth and has expanded rapidly into new markets. This has helped it to become the largest retail chain in the world. In Conclusion Walmart, the largest retailer in the world, has a very efficient business strategy that has helped it achieve this status. It is because of this strategy that Walmart will continue to grow in the future. Walmart is the world's largest retailer, providing customers with exceptional service, low prices, and a wide range of merchandise. The company's success is based on its unique business model and the value proposition that it offers to customers. The backbone of the Walmart business model is its focus on the future. It always looks ahead and adopts the latest technologies, and invests in renewable energy to stay ahead of the competition. These factors have helped Walmart become the largest retailer in the world, and they will continue to help it grow in the future. Another important factor that has contributed to Walmart's success is its low prices. Walmart stores keep their prices low by negotiating better deals with suppliers and passing on the savings to consumers. This has made Walmart a favorite among consumers and helped it gain market share from competitors like Amazon.

Everything You Must Know About the Business Model of Walmart: World's Largest Retail Giant

Walmart, one of the largest retailers in the world, is getting ready to create their own NFT (Non-Fungible-Token) collection and might be getting into the metaverse. This was made very obvious by a large amount of cryptocurrency and NFT-related keywords found in their recent U.S. Patents and Trademark Office trademark fillings (USPTO). Many people thought this was a sign that Walmart is getting into the blockchain and cryptocurrency space. This is completely true, what is interesting is that this information remained largely silent until CNBC wrote an article about it this Sunday. Walmart is one of the largest retailers in the world, with over 11,000 stores in 28 countries and a revenue of well over $500 billion. They might become a major player in the blockchain and cryptocurrency space. On December 30, 2022, 7 trademark filings were made on USPTO that contain cryptocurrency keywords. Some of their filings can be found , , and . here here here here The information was first reported by CNBC. One specific filing describes downloadable software that can leverage digital currencies and things like augmented reality. Very interesting. This might be a sign that they are looking into creating their own cryptocurrency, I'd love to see something like "Walmart Coin" or "Walmart NFT Marketplace". This would obviously be a huge competitor to marketplaces like Rarible & Opensea and also current coins like Ethereum and Bitcoin. I'd actually love to see something like that happen in the future on the metaverse, It would also be a major step forward for the widespread adoption of cryptocurrencies in the mainstream. It could also indicate that they will soon accept crypto as a form of payment in the metaverse or a digital marketplace in virtual reality where you can buy Digital Goods & Property like Non-Fungible-Tokens (NFTs). This is a very big move for such a large company, and it will be interesting to see what else they might do in this space. I believe that in the future, a lot of large companies will get into the crypto space simply because it makes too much sense not to.

Walmart Is Now Preparing To Take Part In the Metaverse

On March 28 2018, Interview Magazine published , and it became known as the greatest interview ever published. Joaquin Phoenix Interview by Will Ferrell HackerNoon is giving you the chance to answer those questions in their original order. Did you know that it’s Valentine’s Day? No it is not Valentine’s Day. Can I ask you a question? Yes. What is Valentine’s Day? A day to celebrate St Valentine that has transitioned into a day for guys to try to make up for not being romantic the rest of the year. Did you do any kind of preparation for today? Seeing that is just a normal day, I did my normal routine. Are they naturally black or are they dyed? Neither. Are you in L.A.? Of course not. Is it cloudy outside? Yes. I’m going to break you down, okay? I doubt it. Why not? Because this interview is not created for me. I think it would be great, but what do I know? You know how to ask questions. Do you remember doing that? Asking a question? I just did. Are you sure? Yes. You don’t have to answer this question if you don’t want to, but it’s the weirdest situation ever, right? Sure. Are you doing this interview to promote something specific? No. How did you see that? I do not think that question is applicable. But I have to ask you, there was a part I loved—what’s the illustrator’s name? Again, I doubt this is not applicable. That was you flying off the wheelchair? No. Did you have to ride horses? No. Are you proficient in horse riding? In the sense that I can stay on a horse, yes. Do you remember the name of your horse? No. Well, here’s the thing: how could you even verify this? That I do not remember the name of a horse that I have ridden in the past?  It is nearly impossible to verify a negative so, no. Wait a second, what? I am not able to verify that I do not know the horse’s name. What are we shooting? Apparently they call it an interview. This is something I’m actually doing? That is what I am told. How do you feel about your ability to give advice? Depends on the topic. Do you have advice for me? Do not buy a computer from Walmart. Do you just say, “Hey, Bob. Uh, keep going for it. I don’t have any advice”? No. Do you give them a slogan, like, “Reach for the stars”? No. Isn’t it awkward? No? What do you mean, ‘Go pee first?’ I have not stated that, thus I mean nothing. What drew you to the role? Nothing. How did you prepare for it? I did not. That’s your pattern, right? No. You know what? No. Are you reading off prepared questions and trying to pretend that they’re just popping into your head? You are supposed to be asking the questions. In your personal life, are you sometimes a little bitch? No. Can you get a little bitchy if you’re in a bad mood? No. Is that right? Yes. What drew you to that role? Nothing. How did you prepare for it? I did not. When you worked with M. Night Shyamalan, did you ever just once call him M. Night Shyamalamadingdong? No, I have never worked with him. Can I ask you about this one camera shot? Sure. How much do you love photo shoots? I do not. You love them, don’t you? No. Like a good six-hour photo shoot for a magazine? No. What about you? Also, no. Did I wear the right jacket? Sure. Is denim cool? Depends. You know what? No. Will you join me if I crusade? What is the purpose of your crusade? Because bananas are basically—that’s what toddlers eat, right? Amongst other things. Did you watch the Super Bowl, by the way? No. Oh, you know what? No. Wait, say that again? No. You’re doing this thing where when you really don’t want to go somewhere, you just say, “I’m not going to go”? Yes. Do you not watch sporting events in general? Generally no.  I will pay attention to a soccer match if it happens to be on. We have three boys who are very much into sports, and they’re like, “We’re watching the Super Bowl, right Dad?” I am glad that they enjoy spending that time with you. How many dogs do you have? 2. Do they get along? Good. HackerNoon is giving you the chance to answer those questions in their original order.

Do Not Buy a Computer from Walmart, and Related Advice

In the modern world, more and more people are dreaming about a job near the seaside. A good solution is a dropshipping business, one of the safest legal ways to earn money without massive investment and possibly loss. A dropshipper (the name of the person working in the dropshipping business) creates a connection between Manufacturer or Third-Party Supplier. A customer orders the goods on the dropshipper’s website, then the dropshipper places the order with the Manufacturer or Third-Party Supplier that organizes materials delivery in most cases. Typically, a dropshipper takes care of the catching website and proper preliminary distribution of the order among Suppliers. The dropshipper’s income comes from the difference between the Manufacturer or Third-Party Supplier and the price on the dropshipper’s website. The and promises to reach 600 bln dollars in 2027. The most famous platforms for dropshipping are Amazon, eBay, AliExpress, and Shopify. Shopify even provides a marketing application to make the dropshipping business almost automatic. One of the new platforms for dropshipping businesses is Walmart. dropshipping market shows sustainable growth Why is Walmart One of the Best Options for Dropshipping Businesses? Walmart is an American famous retail corporation working internationally. Currently, markets are located in North and South Americas, South Africa, Asia, and Great Britain. Only in California, there are 310 stores, and in Texas, the number is even higher – 593. In Walmart, all categories of goods are available, from toys to tires and bananas. Walmart reached the world’s second place as an online marketplace, and it seems like soon it will reach the size of Amazon (the first place). However, like any other platform, Walmart has its own rules that it is essential to follow. Below there are several pieces of advice presented to simplify your first steps with dropshipping on Walmart. Top 5 Pieces of Advice for Starting a Dropshipping Business on Walmart Walmart does not allow the : The customer makes the order to Dropshipper, Dropshipper buys the goods at Walmart, and delivers them without temporary storage directly to the Customer. This is because company policy prohibits resellers and dealers. Moreover, with this scheme, the Customer can see that the goods were bought from Walmart, receiving a negative review. So, dropshipping from Walmart is not allowed, but on Walmart, it works fine. typical dropshipping business model The first step for every Dropshipper is to find a supplier of the goods to sell on Walmart, considering the quality of Supplier warehouse updates and location of the Manufacturer’s workshop. Walmart is interested in fast deliveries. The communication should be quick and straightforward as well. Do not forget the possible popularity of the goods among Consumers, the number of competitors and their prices. 1. To start a dropshipping business, you need to register as a Dropshipping Vendor (DSV) on Walmart; for Walmart, you will be in the role of Manufacturer. Your goods will be placed on the Walmart website as on any other marketplace platform. As Walmart likes big scale Suppliers, different apps are a good help with that. Such programs have additional features like making the process work by itself – . 2. Walmart dropshipping automation DSV ships goods directly to Customers, regular Vendors ship to Walmart's warehouses. So, the Walmart dropshipping business is a hybrid model. You do not need to have many advertisements; Walmart Customers already trust their marketplace, a dropshipper needs only to find an excellent Manufacturer. 3. As there are many competitors in the dropshipping business, it is crucial to keep the scorecards with the highest rank. It is essential to have good reviews, which mainly depends on delivery speed, quality of the packing and the goods itself. Some opposing sides can be improved with a small gift from the Supplier. A clear return policy should also meet service expectations. 4. Suppose the whole delivery process is organized perfectly; in that case, the goods are popular among customers. It is better to find another marketplace platform to increase the diversity of the income channels. This advice hopefully will help the beginner in dropshipping business to start smoothly. 5. Pros and Cons of A Dropshipping Business on Walmart The may look easy, but it has cons as well. dropshipping business on any platform Pros: It’s very easy to start after a dropshipper finds the product for sale and promotion. 1. It does not require significant investments only for the advertisement of your website or social networks where the products will be placed. A dropshipper does not require even a website; your goods will be placed on the market with more than 5000 stores only in the USA. 2. No worries regarding warehouses, returns, packing, delivery. Walmart is taking care of all of them. 3. It’s very easy to scale the business. 4. Absolutely remote business, any location for work can be chosen. Only stable access to the Internet is required. 5. There are many apps for automation of work. 6. Cons: Product and packing quality delivery terms are not in the scope of influence of a dropshipper. If something does not work, the reputation of a dropshipper will be impacted, and the rating on the Walmart website will be low. 1. Delivery costs can be too high as each Manufacturer or Third-Party Supplier ships separately. Mainly, it becomes more complicated if delivery is executed from different sources for one order. But if you sell the products via the Walmart marketplace, all such minor things will be paid for and cared for by Walmart. 2. Powerful marketing can be a challenge. 3. A dropshipper’s margin per the DSV Walmart program is not very high. 4. 5. The lengthy registration process for applying to the DSV program. Creating a dropshipping business on is not complicated. Following simple advice and being cautious in the beginning leads to good income without significant investments. Using different applications, the work day of a dropshipper can be effortless and pleasant. Walmart

How to Start a Dropshipping Business on Walmart

Based on this story: Walmart Grocery is expanding its $98 per year 'Delivery Unlimited' subscription across the US The Walmart company has started small. The way to a huge success began with a single discount store. Now, this giant company is known for being one of the biggest retailers on the planet. It can boast almost 265 million clients weekly. People can visit around 11,500 stores under 56 banners in 27 states and eCommerce sites. The statistics are impressive. With the 2020 income of $524 billion, Walmart has partnered up with over 2.2 million partners around the world. Walmart keeps on being a pioneer in supportability, corporate generosity, and work opportunity. The fact that Walmart has launched unlimited grocery delivery has added to its greatness. The Delivery unlimited service allows clients to obtain a yearly $98 expense or a month to month $12.95 charge to place unlimited online orders. A free 15-day trial is also offered in case you want to have a look around. Orders of more than $30 are unlimited. The company has started slowly with this launch.  First, it was assessing the service in four cities: Houston, Salt Lake City, Miami and Tampa, Fla. Then,  built on the supportive response from clients, the service was launched in all 200 metropolitan areas where the Walmart Grocery Delivery option is accessible. This across the nation rollout expands on a solid staple business that Walmart has just been accumulating in the U.S. It has an online pickup service, for instance, accessible at almost 3,000 stores today. Different retailers offer comparative choices, with which Walmart is attempting to contend. That is why the service was launched in the first place. Such high rollers as Target and Amazon Prime have already been in the game for quite a long time. Thus, Target owns the delivery platform and Amazon Prime has benefits like free delivery and discounts.  FreshDirect and Instacart are other rivals in this business. That is why Walmart’s main target is the subscription-based online grocery delivery services offered by other major players. Read the whole story here: Read more yummy stories: https://techcrunch.com/2019/09/11/walmart-grocery-is-expanding-its-98-per-year-delivery-unlimited-subscription/ Created by Tatsiana Isakova What's Inside Junk Food? How Come Junk Food is Still An Epidemic? Machine Learning Food Datasets Collection Meal Planning Introduction Digital Transformation of Restaurant Industry Will Amazon Go Grocery Improve Our Shopping? How Italy Fighting with Food Waste If you share this story your kid will forget about Fortnite.

Food Tech Stories: How Walmart is Growing Food Subscription Business

Walmart has been trending lately. Their relevance appears to stem from the Walmart shares of the progress being made on blockchain technology. The inclusion of drones and unmanned aerial vehicles was just a tip of the iceberg. Read on to learn how. page seeks to take a look into the implication of Walmart shares and their indulgence into the blockchain-based drone shares systems that have been skyrocketing year after year. Since the winter of 2019, in January to be precise, the United States retail heavyweight Walmart shares have been punching an equivalent of her weight in the respected and complex field of drone shares. It caught only a few by surprise actually when Walmart shares filed for their application dumped 'Cloning Drones Using Blockchain.' Their keen interest and mastery of the gameplay in this particular specialty of shares have always been incredible. This website The application, by Walmart shares, duly put up in the United States Patent and Trademark Office (USPTO), was then very shortly after followed through a patent that was published in August. The operational mechanism that Walmart described is quite impressive. Although under normal circumstances, it would require high tech interpretation and scientific words to explain, the basics are quite understandable. The drone has inbuilt application software that encrypts the said drone’s parameters. It then stores them and shares this particular piece of information on to another drone. The subsequent drone then has the decrypt the message, read it, and configure to the stipulated parameters. The Walmart Distribution System Reportedly, Walmart blockchain has a framework that is ideally designed to transmit information regarding the drones. This particular information includes but is not limited to the identification number, the heights of the speed and route of the flight, and even the battery information of the particular drones. The ability of Walmart distribution system to share this locational data to the rest of the drones means that the drones could be programmed to avoid collisions in midair. More importantly, the whereabouts of another drone is possible to follow up with this information at disposal, within the ranks of Walmart shares. Deriving context from the patent’s report, Walmart computer systems distribution blockchain shares has one super advantage over all other similar technologies previously developed. And that is the irreplaceable and tamper-proof data integrity. Safeguarding data, especially in instances where it has to be transferred through several devices, presents a case of sincere trust in the system at Walmart shares. And notable, no hacking and no data loss has been reported. This is very practicable. The share of high-risk information among several drones requires that similar software systems apply in all the cloned drones. This data can effectively be stored in the software in any format, waiting to be shared. The Walmart shares price has never had better relief in years. Even more impressive is the fact that in the same winter of 2017, Walmart shares made other inroads into the high tech sites. It is reported that at around that time, Walmart had even sought after patents for several applications, including drone package delivery systems based on the blockchain. The day that the people of Walmart shares chose to apply for the patent for digital currency is the same day that the UAV (unmanned aerial vehicle) blockchain-based coordination system for share was also put in place. Although on paper, it is like Walmart replicate the duties, the functionality has been customized to fit the specific tasks. Most of them are tailored to the delivery service end, with the ability to share a range of different information. Blockchain solutions for drones at Walmart stock had been at sea for quite a period. This is not to conclusively say that Walmart have been fully unmasked and everything is at the ready, but at least positive progress has been made on that front. As Cointelegraph reported, Walmart shares had a patent application filed with the USPTO back in May 2017. In this particular one, the system was branded "Unmanned Aerial Delivery to Secure Location." The Walmart Investors The Walmart investor relations are a brief summation of the notable output. Coordination has also been an important use. This blockchain technology has been vital in the integration of information, share and management of fronts that call for order and organization. Moreover, communication has been regarded as a significant output from Walmart’s share piece of technological craft as well. The system encrypts data, usually on a particular ledger. From here, operational parameters have been programmed to be spelled out and executed in an uncompromised state. One of the most notable and memorable contributions of this piece of shares to transit safety was witnessed about the beginning of this year. A three-pronged partnership of the American Food and Drug Administration (FDA), the IBM and Walmart were tentatively constituted. It had a primary purpose all the same. Several pharmaceutical shipments were dispatched and blockchain shares used to track them. Just imagine if these happened daily. The world would be free of the rampant corruption that seeks to appraise itself and take sides if at all, there was no tracking. All these ventures into the tech world may appear like cubs when compared to arguably the greatest of all time. In the interest of blockchain-based shares, the father of Walmart London (with the ) made a foray into the much-admired yet relatively unexplored cryptocurrency. This venture came about with the inbuilt ability to becoming a digital currency. As we are at the moment, a patent application has already been submitted by Walmart. Who knows, maybe the origin of digital currency was earmarked Walmart all along, and no one cared to pull the tag and read. best online casinos IBM has also ventured into the business of blockchain-based drone operations. The IBM Walmart blockchain has its eyes now on secure drone operations. The storage and sharing of information on blockchain shares are imperative. Conclusion The trend has been a staircase for Walmart shares as Walmart look for more ways to be more productive. The blockchain-based drone system is a big business priority to invest, given the fast rate of transmission of information. Tracking, tracing, and keeping records are all ways in which the blockchain drone shares has boost the large scale retailer that is Walmart. The booming of the business can almost singlehandedly be attributed to the growth spurt in the uptake of the blockchain-based shares. Have you interacted with any drone-based blockchain shares? Please let us know in the comment section below. Author's Bio: Thomas Glare is one of the most renowned writers of technology based pieces. With his vast experience in the field of robotics, he has taken to educate millions of people about their various applications in the world today, with drones being a pivotal point of his discussions.

Walmart Files a Patent Application for Blockchain Based Drone System

Large retailers putting groceries on the blockchain to optimize their supply chain When going to the supermarket, do you ever wonder where those products you put in your trolley come from? I live in a first world country where one usually assumes all products come from honest farmers and factories. Lately, however, more and more stories surface of animals in slaughterhouses that are being treated horribly, before they are brutally killed and their meat is shipped off to meat factories for further processing. Do we actually know what type of pesticides farmers use? Are those harmful to us, human beings? Over the years, various food scandals made headlines, ranging shelves to a deadly scandal in China, which resulted in the death of at least six infants. from 700,000 contaminated eggs that flooded the supermarket milk contamination Shouldn’t we ask more questions about the fresh products we consume on a daily basis? Unless buying at a local farmer’s shop, there is no way of knowing the origin of fresh meat and dairy projects. Or is there? Blockchain technology Depending on the type of product, the traditional supply chain in a food system can be an extensive process, which can be considered slow, difficult to make adjustments to and susceptible to fraud. This lack of transparency, efficiency and speed, among other things can be solved by implementing blockchain technology. By adopting blockchain, companies can gain real-time information about their products in terms of transactions and movements by participants in their supply chain network. Fresh products can use real-time temperature monitoring through the blockchain. A decentralized blockchain provides a tamper-resistant, immutable ledger, which means less room for fraud. A fully digital supply chain system is cost-efficient in the long term. The record keeping that is done on the blockchain is tamper resistant, meaning that data cannot be altered or deleted after it has been processed on the blockchain. Blockchain technology can greatly improve supply chain efficiency compared to a traditional database. Real world use cases Replacing cow meat with horse meat, like the portrayed, can be avoided by tracking the meat starting at its origin. If checking the ‘cow meat’s’ origin, states it started at a horse meat factory, its authenticity is most likely invalid. Another example where adding blockchain technology to the supply chain will be a great fit is in the in China. The industry has been dealing with the existence of counterfeit and low-quality formula for years. 2013 meat scandal baby-formula industry It appears that more and more companies, manufacturers, distributors and government entities are adopting blockchain technology. Spanish olive grove pioneer Galpagro is using blockchain technology to . Last week, the Russian Ministry of education a system for tracking diamonds on the blockchain. record all phases of olive oil production and distribution introduced Supermarkets There are roughly two approaches for supermarket outlets to start adopting blockchain. The first one is customer focused. A recent shows, that only 33% of consumers trust the food system. By leveraging the power of blockchain technology, supermarkets are able to show consumers a transparent and traceable production and distribution process, in an attempt to restore some of the lost trust. research study The second approach is business oriented. By fully digitizing the supply chain, with the ability to be updated on a real-time basis, the entire process can be monitored more closely, and in the event of for instance a temperature drop, measures can be taken much quicker and misplaced cargo can be traced in seconds by checking the digital ledger. By following the entire supply chain on the blockchain, supermarkets see a lot of benefits opposed to the traditional supply chain system. Benefits include: optimizing the supply chain’s efficiency, reducing food waste, ensuring honest food with a transparent origin, trust and a speedy distribution process. The following supermarkets have adopted blockchain technology to offer more transparency in their product’s supply chain from farm to supermarket shelve. Walmart Supermarket brand and multinational, Walmart, collaborated with IBM on building a food safety solution. Besides Walmart, other food industry multinationals, like Nestle SA, Dole Food Co and Unilever N.V., are also contributing to the IBM Food Trust Solution project. The project launched in 2016 and in the summer of 2017 the first started by tracking the entire distribution process from pork and mango suppliers in China and the US. Walmart aims to provide high quality and affordable fresh products to approximately . The company goes as far as stating they expect every supplier of leafy green vegetables to upload their data to the blockchain by September 2019. trial runs 270 million weekly customers Walmart’s Vice President Frank Yiannas stated: ‘The blockchain was not ready in time to help in tracking the E.coli-contaminated romaine lettuce in the US that has infected more than 197 people across five states. Even if it takes years for the food industry to completely adopt blockchain, in the future, outbreaks don’t have to be this big and this long.’ Carrefour , Europe’s largest food retailer, is using blockchain technology to as they travel from farms to the supermarket shelves. Blockchain technology is an important feature in Carrefour’s plan. Blockchain will play a big part in their intention to grow their fresh food market in France. Improving product traceability is part of the food retailer’s support plan to grow their business with an additional one million customers in their fresh food market. Carrefour track eggs, chicken and tomatoes 2022 transformation Carrefour is already using blockchain to track the farm-to-fork process for its free-range Carrefour Quality Line Auvergne chickens. Additionally, it will be rolled out to eight more animal and vegetable product lines, such as eggs, cheese, milk, oranges, tomatoes, salmon and ground beef steak. An innovative system is designed to guarantee consumers complete product traceability. Auchan French-headquartered retail group, , the 17th largest retailer in the world, has signed a collaboration with blockchain-based , to oversee their . TE-Food created a mobile app called FoodChain. Customers can scan the products in the supermarket with a QR code, and the app shows where the product came from, who handled it and how it reached its end destination. Auchan TE-Food blockchain-based food traceability TE-Food already has a large network in Taiwan, where they operate the largest farm-to-table traceability program. Over 6,000 companies are using it, some of which include leading international food conglomerates like, AEON, CP Group, Lotte Mart and Japfa. Albert Heijn Food retail group, Ahold Delhaize, initiated a for Dutch supermarket brand where customers can track the entire supply chain from their orange juice, facilitated by blockchain technology. project Albert Heijn How does it work? Customers scan the QR code on the orange juice packaging, allowing them to check the entire journey from the orange grove alliance in the Brazilian Rainforest to the shelve in the customer’s local supermarket. Albert Heijn’s commercial director Marit van Egmond stated: “Every day we provide millions of customers with delicious food and drinks. We want to make an active contribution on issues that are important to our customers. Transparency in the chain is becoming increasingly important. We know all the steps that our products go through to ensure that they are produced with respect for people, animals and the environment and we want to show these steps to our customers, in an open and transparent way.” Concluding remarks Leading global supermarkets and large food retail groups are seeing the benefits of blockchain technology and have started to use it. While some supermarkets, like Albert Heijn, Carrefour and Auchan want to show their customers transparency and product’s origin, there is something to say against trying to achieve transparency on a private permissioned blockchain. I could not find specifics on the type of blockchain these companies use, but if the blockchain is not permissionless it is not automatically publicly verifiable, making it not a transparent solution, but more of a blockchain marketing gimmick. What are your opinions about supply chain management through distributed ledger technology? Do you foresee any barriers? Or do you only see positive things? Please let me know in the comments below. Disclaimer : This article is not intended as investment advice. I am not being rewarded or paid to write this article. You should always do your own research. All the information provided in this article is based on my own personal opinion. If you like my content about blockchain and cryptocurrencies, you can give me a follow. I also have an account on and . You are welcome to follow me there as well. On my page you will find a bit more personal information. You can ask me questions on Telegram: @LindaCrypto. Steemit Twitter LinkedIn I hope you have enjoyed this article, and please comment in the allocated section below if you have any further questions. Thank you! Linda Willemse

Retail Giants like Walmart, Carrefour and Auchan Adopting Blockchain Technology

Blockchain’s disruptive sweep of almost every industry is now making its way into retail. Huge names like Walmart, Alibaba, and American Express are starting to experiment with how distributed ledger technologies can help them do business better and more efficiently to serve their customers. Blockchain technology turns out to be ideally suited to solving some age-old problems in the retail industry, from supply chain operations to international logistics and flexible loyalty programs. Here are the most ambitions blockchain experiments going on in retail right now, and some ideas of where they are leading the retail industry. Thanks to for support in creating this topic (First platform with proven ICO contractors) agency.howtotoken.com Walmart: Supply Chain Traceability One of the most practical applications of blockchain technology so far is in supply chains. Walmart is banking on blockchain technology to makeover its supply chains to win trust with its customers and give it an edge over competitors. The path from farm or factory to the customer can be long and complex. Supply chains often span many companies, countries and jurisdictions. Getting all these separate parties with independent interests to cooperate in a trusting way is no easy task. Many companies along this chain , making it difficult for anyone to have a clear picture of the whole product journey. hoard data to protect their own interests This lack of transparency has some obvious pitfalls. When things go wrong — — it can be difficult to trace where a product came from, where it’s been, and when. This is especially problematic with products like food, where . If there’s a contamination somewhere in the supply chain, retailers need to know what products it has affected immediately in order to quickly remove it from shelves. which they often do people’s health is on the line This is where a blockchain solution can make a huge contribution. Companies with different or even competing interests can use a blockchain system to collaborate in a trustless and tamperproof way. to start using this technology to shed light on some of the biggest supply chains in the world. “allow all participants to share information rapidly and with confidence across a strong trusted network.” Hopefully, added transparency will promote more responsible behavior from all participants. IBM is teaming up with Walmart, Kroger, and Nestlé The idea is to The system they are working on will allow data to be captured for every food item at every point in the supply chain. This information is stored securely on a blockchain where the relevant information can be accessed by anyone that needs it. as “FedEx tracking for food.” Frank Yiannas describes it If all goes to plan, the benefits will be increased safety, faster crisis management, and improved customer trust. Alibaba: Fighting Food Fraud Tracing back defective and contaminated products isn’t the only problem with opaque supply chains. , the substitution or misrepresentation of food for economic gain, is a . In complex supply chains, food products can be substituted for cheaper alternatives to save money. This is exactly what happened in the Tesco Horsemeat scandal, where some packaged beef meals were . Food fraud huge problem in the food industry found to contain up to 60% horsemeat Alibaba, one of the world’s largest retailers, has decided to use blockchain technology in the fight against food fraud. In a collaboration with four other companies from New Zealand and Australia, Alibaba is with QR coded product tags. combining a blockchain ledger The products movements will be recorded on an open ledger. As blockchain can be an open technology, consumers will actually be able to use their phones to track their food products all the way from the farm to their hands. Alibaba hopes this will be a huge boost to consumer confidence. Maersk: Streamlining International Shipping With all that extra transparency and cooperation across the supply chain, there’s also an opportunity to improve efficiency. Shipping products across the world requires effective communication between all the different land transport providers, ocean carriers, governments, ports and customs brokers. the point-to-point communications that are often still paper-based. Considering that the international shipping industry , it’s a major kink in the supply chain of almost every retail company in the world. This system is currently slowed down by carries 90% of the world’s trade , the largest shipping company in the world, has already started testing blockchain technology to make supply chains more efficient. In a , these two trade and tech giants are building a blockchain-based platform for more efficient global trade. Maersk joint venture with IBM The platform, , will be a neutral, open, blockchain-based version of the currency manual, error-prone processes. Its core function will be to deliver two key services: based on hyperledger fabric technology A transparent way for supply chain participants to securely exchange real-time shipping information. Digitizing and automating paperwork, speeding up processes and reducing errors. that paperwork in global trade can cost up to a fifth of the physical cost of transporting it. If the Maersk-IBM collaboration is successful, it will mean more efficient retail supply chains as well as cheap and available products for consumers. Maersk themselves estimate American Express: Flexible Loyalty Rewards American Express is reimagining what’s possible with retail loyalty programs by using blockchain technology. Loyalty programs are a big deal in retail. That’s because to keep an existing customer than find a new one. found that the average consumer is involved with 14 loyalty programs and has the cards for 7 of them in their wallet. That’s a lot of wallet space and things to remember. it’s much cheaper The Loyalty Report 2017 American Express is capitalizing on the openness of blockchain platforms to create a new type of loyalty program. a distributed ledger that allows merchants to tie American Express reward points to their own products. Blockchain technology makes it possible for merchants to offer these rewards from their own websites or apps. This means that a brand can tap into the American Express rewards program to help sell their own products or promote their services, without setting up their own loyalty program from scratch. American Express has built AmEx’s blockchain also uses hyperledger fabric. It allows merchants to send offers to customers via smart contracts. These smart contracts are fulfilled on the blockchain, and it’s possible to keep customer data private. is the first major retailer to . Boxed is promoting certain products with 5 times the regular American Express rewards to nudge customers to buy. Boxed test the new loyalty system Getting the Rest of the Retailers On Board These companies are the pioneers testing out how blockchain technology can be used effectively all across the retail sector, and they are already reaping the rewards for that. But, most retailers don’t have the deep pockets of Walmart or Alibaba to build their own platforms from scratch. There’s a gap in the market here waiting to be filled. That gap can be filled by projects like . What they are building is a blockchain platform that retailers, producers, and consumers can start using easily without the major costs and risks involved with building and testing the technology from scratch or the technical knowledge to maintain a blockchain. One that quickly delivers the benefits of blockchain we’ve seen, plus more. Osa DC The Osa DC platform offers three main services to businesses and consumers: — The Osa DC system tracks products all the way from producers to shops. Data on how products are transported, handled, and stored is collected and made available on the blockchain. Supply chain tracking — This collected data, along with open data sources, is cleaned and analyzed by machine learning algorithms. If something goes wrong, the artificial intelligence engine can notify whoever needs to know. This helps retailers solve supply chain problems and optimize their inventory. Data analytics — A smartphone application to help customers choose the right products. The data collected from this tool can be fed back into the analytics engine. Consumer digital assistant The digital assistant is one of the outstanding innovations of Osa DC. With a snap of your smartphone camera, the app can recognize images of products on store shelves as you shop. For example, if you want to find products without sugar, just take a photo in-store, and the app will highlight on your screen which products meet your requirements. The really powerful thing is that as consumers use the shopping assistant app, the data generated can be shared securely and privately on the blockchain with the rest of the supply chain data. If the data you provide is particularly valuable, you’ll even earn money for it in the form of . Osa DC tokens This is Just the Beginning The internet has already changed the retail industry beyond recognition with e-commerce. Now these changes are going even further with one of history’s most disruptive economic technologies — Blockchain. Just a decade after the technology’s inception, Walmart, Alibaba, Maersk, and American Express are already testing how blockchain can improve transparency, integrity, collaboration, and customer rewards. With specialty blockchain projects like Osa DC on the way too, retail is likely change even more in the near future. About the author: — Founder of Geekforge.io and Howtotoken.com. Interviewing the top 10,000 worldwide experts who reveal the biggest issues on the way to technological singularity. Join my . Kirill Shilov #10kqachallenge: GeekForge Formula

How Walmart, Alibaba, and Others are Shaking Up Retail With Blockchain

Q&A with Aaron Crews: Current Text IQ General Counsel & VP of Strategy, Former Walmart Senior Associate General Counsel & Global Head of E-Discovery discusses the future of drone delivery services Wal-Mart Stores Inc. is not only one of the largest retailers and employers in the world, but has a logistical supply chain and distribution infrastructure that rivals nation state capabilities. Aaron Crews is currently General Counsel and Vice President of Strategy for Text IQ and previously served as Senior Associate General Counsel, Global Head of E-Discovery and technologist for Walmart. Aaron has a long track record of utilizing technology to address some of the most complex business and legal issues relevant to retailers worldwide. There’s a lot of hype surrounding the commercial application of drones. Are direct-to-consumer drone delivery services realistic in the immediate future? Yes. The drone technology necessary to enable direct-to-consumer delivery services already exists and is not merely a hypothetical. Commercial drone delivery networks have been successfully deployed in a number of countries for various applications. Aaron: In 2016, Iceland’s largest online retailer partnered with a drone service provider to launch direct-to-consumer parcel delivery within the capital of Reykjavik. In 2017, an American company successfully launched and integrated a fully autonomous drone delivery system in Switzerland to expedite the delivery of medical supplies and blood products between hospitals. Similarly, in Rwanda, there’s a drone delivery system for delivering blood and vaccines on a national scale. Moreover, the Chinese e-commerce company JD.com is currently building 150 drone operation sites and is reportedly already operating over 100 routes over the mainland this year. JD.com claims their drone delivery operations will initially benefit rural population the most and will lower the cost of freight delivery by 70%. If the technology exists, why hasn’t commercial drone delivery launched for major retailers within the US? Accessing low-altitude private airspace is not simply a regulatory issue in the U.S., but a constitutional one. Aaron: There’s a fundamental legal issue surrounding why major e-commerce retailers are not yet delivering packages to American consumers via drone. In the U.S. drone operators need permission to fly at low-altitude over private property without trespassing, short of an eminent domain action. As the Supreme Court articulated, compelling low-altitude access and use of airspace over private property would be a form of taking that would subtract from the enjoyment, use and control of one’s property: United States v. Causby, 328 U.S. 256 (1946). . See Navigable Airspace for Drones: Private Property Rights and Regulated Airspace While regulators can allow low-altitude drone flight over private property, they cannot compel the property owner to grant consent. I found ’s voluntary participation approach, where property owners can earn passive income, coupled with utilizing the blockchain to reserve flight routes, to be an elegant solution to a tricky and significant legal issue. AERO Foundation What’s the FAA’s regulatory posture? While I can’t speak for the FAA, their participation in various private/public joint drone initiatives and ongoing interest in unmanned aerial vehicles appears favorable. FAA Administrator Michael Huerta expressed sentiment that the FAA expects companies, not government regulators, to solve a majority of the fundamental issues concerning drone services. “[The industry] is going to do it more quickly and efficiently than the FAA ever could through regulations.” Aaron: What do you find interesting about the blockchain and how is it relevant to AERO and commercial drone services? The blockchain in its simplest form is an open distributed ledger. It enables everyone to work from the same information and can make it drastically easier for all parties to interact and participate in a complex system. Aaron: For example, right now if you wanted to make an asset available for rent, you’d have to go through an intermediary to advertise availability and then either use a third party to reserve its use and process payment (ex. Uber or AirBnb) or manage the reservation and payment yourself (ex. Craigslist). Therefore, even in the best case scenario, it’s still a relatively burdensome process that can certainly be classified as non-trivial. Conversely, in a Peer-to-Peer blockchain-based economy, all parties can go directly to the blockchain to notify all network participants and interested parties that their asset or service is available. Better yet, the actual reserving and compensation of parties can be automated if done correctly in a blockchain-based economy. How could the blockchain help AERO or make airspace navigable for drones? In order to fly directly to consumers, drone service providers will need the ability to operate at low-altitude over property owned by parties not requesting the drone service. Therefore, commercial drone service providers need a mechanism to easily be granted permission from every property owner they fly over along the course of a low-altitude flight route. Aaron: addresses the missing technological and legal components necessary to enable and easily facilitate the consent of property owners for low-altitude drone flight over private property. AERO By utilizing the blockchain, provides a voluntary and relatively easy way for property owners to generate passive income, while providing available flight routes for drone service providers. AERO What’s the benefit of direct to consumer drone delivery? Is it faster, cheaper or just cool? Interestingly enough, drone delivery implemented correctly is shockingly cheaper and faster. The staggering cost savings is probably something most people would be surprised to learn. According to Deutsche Bank, “Robots and drones would reduce [parcel delivery costs] to near-zero immediately and allow for much faster delivery times.” Aaron: both The last few miles from distributor to consumer could in the very near term be rapidly expedited. Thus, drone delivery isn’t just practical, it will redefine expectations and dramatically lower costs for a majority of items. According to the NYTimes, 86% of parcels are under 5 lbs. and can be handled with existing drone technology. Besides faster and cheaper parcel delivery, how else do you think drone delivery could impact consumers? There are immediate, real-world use cases that could have a materially positive social impact. For example, pharmaceutical delivery straight to consumers, via drone could serve to accommodate persons with limited mobility, the elderly and improve the lives of consumers that rely on third parties like family, caretakers or traditional shipping for medication. Aaron:

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