How Walmart solved carrier payment woes in Canada with blockchain

Trucks in front of a Walmart facility. Walmart Canada says a blockchain payment platform had dramatically reduced invoice disputes.

Before Walmart Canada deployed blockchain technology to pay trucking companies, the company and its carriers were often bogged down by invoice disputes. Up to 70% of invoices had some sort of issue where numbers didn’t align with company expectations. 

The results were not good. Walmart personnel would lose time sorting out the long list of charges that go into each load. Meanwhile, payments to carriers were delayed. 

“Life was a bit rough in terms of processing payments,” recalled Francis...

https://s29755.pcdn.co/news/how-walmart-solved-canada-carrier-payment-woes-with-blockchain

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