Walmart Takes Steps Toward Digital Coin

Walmart has filed a patent application for a “digital asset” that would be based on a type of block production, according to reports.The patent marks Walmart’s fourth blockchain-related patent.

The patent application said the initiative would be:“… generating one digital currency unit by tying the one digital currency unit to a regular currency; storing information of the one digital currency unit into a block of a blockchain;

buying or paying the one digital currency unit; determining whether restrictions are applied to the one digital currency unit by referring to one or more documents associated with the one digital currency….”