Walmart Patent Eyes Crypto Payments for Power Supply Precision


Retail giant Walmart is exploring a way to let households manage their electricity bills using cryptocurrency – a concept it says could potentially lead to increased efficiency and lower prices.

According to a patent application filed by Walmart in December 2017 and revealed on Thursday by the U.S. Patent and Trademark Office, the company is developing a system that would connect household devices and electricity providers over a public blockchain.

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