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Blockchain Helps Walmart Canada Process Payments

Blockchain Helps Walmart Canada Process Payments assorted items on white wooden shelf

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.

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