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Blockchain Helps Walmart Canada Process Payments
Walmart Canada is utilizing blockchain to help it avoid discrepancies between invoices and payments, reports Harvard Business Review.
Walmart has long been known as a leader in supply chain management. However, its prowess could not insulate it from a problem plaguing the transportation industry for decades: vast data discrepancies in the invoice and payment process for freight carriers, which required costly reconciliation efforts and caused long payment delays.