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The US retail giant, Walmart, filed a patent on May 17 regarding a blockchain based marketplace for reselling purchased products. The patent was filed with the US Patent and Trademark Office, which describes the service as a record of customer purchases on a blockchain ledger. This would allow customers to resell the items on a sales platform utilizing the blockchain record of purchase.

The patent states that customers don’t always plan to utilize items they purchase at their stores for their entire lifespan. These items are generally left to be arranged for resell after a subsequent time.

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The architecture within this blockchain patent will provide additional support to ease and facilitate the reselling of items purchased at…..read more