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Amazon Patented a Blockchain System for Supply Chain Tracking


Amazon Patented a Blockchain System for Supply Chain Tracking

World’s top ecommerce firm Amazon filed a patent for a blockchain system that tracks goods as they move on the supply chain. World’s top ecommerce firm, Amazon, filed a patent for a blockchain system that tracks goods as they move on the supply chain. Amazon’s patent — dated May 26 — describes a “distributed ledger certification” system. The document explains that the tracking solution would ensure that consumer goods that are sold on its ecommerce site are authentic. The abstract reads: “Features are disclosed for an interface for verifiable tracking of an item through a supply chain using a distributed electronic ledger.” Read More...