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Tesla working to resolve dispute with Walmart over solar panel fires

Enlarge / Fire damage on the roof of a Walmart store in Indio, California. Walmart Walmart and Tesla are actively negotiating to resolve the lawsuit Walmart filed against Tesla earlier this week over defective solar panels, the two companies said in a joint statement sent out on Thursday evening. “Walmart and Tesla look forward to …

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Walmart sues Tesla after solar panels catch fire at stores

Sponsored Links AP Photo/ Dennis M. Rivera Pichardo So much for Tesla’s renewed solar power efforts getting off to a good start. Walmart has sued Tesla after rooftop solar panels on seven of the retailer’s stores caught fire, allegedly due to poor safety practices. Tesla supposedly didn’t ground its electrical and solar systems properly, according …

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‘Amazon of Japan’ Rakuten Launches Crypto Exchange Service

</header> <strong>Rakuten, the “Amazon of Japan,” announced the launch of its new crypto exchange platform Monday, August 19, offering spot trading of crypto assets via a dedicated smartphone app. The e-commerce giant has been crypto-friendly for a while now, experimenting and investing in crypto payment systems since at least 2014, but with the launch of …

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Walmart Files Patent for Blockchain-Based Drone Communication System

American retail giant Walmart has submitted a patent application for a drone communication system that is based on blockchain technology.  Walmart filed its patent with the United States Patent and Trademark Office (USPTO) on Aug. 1. The filing describes a system on a drone that encrypts and stores that drone’s operational parameters. That information is …

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Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto

<header class=”article__header”> </header> <strong>On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of …

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Walmart is Trying to Patent Its Own ‘Libra’ Like Digital Currency

A new patent filing suggests that United States retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency.  Walmart filed patent for “Digital Currency via Blockchain” Patent filing number 20190236564, “System and Method for Digital Currency via Blockchain,” was published by the U.S. Patent and Trademark Office (USPTO) …

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This robo-van startup will handle Walmart’s “middle mile”

Enlarge Gatik Arkansas shoppers who like ordering their groceries online and picking them up at their local Walmart will soon get a bit of extra help from a self-driving robot—though few will realize it. In a deal announced this week, Walmart will use robo-vans from startup Gatik to help move goods from its Supercenter in …

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Walmart uses AI camera tech to track checkout theft at 1,000 stores

Sponsored Links Jeffrey Greenberg/Universal Images Group via Getty Images Walmart’s early use of AI at its stores isn’t just for the sake of convenience. The retailer has confirmed to Business Insider that it’s using camera-based computer vision tech to deter theft and losses at its checkouts (including self-checkouts) in over 1,000 stores. The simply titled …

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Tracking Drugs on Blockchain: How Significant Is Walmart and IBM’s New Collaboration?

Walmart is no stranger to distributed ledger technology (DLT). Back in October 2016, the multinational food retailer began collaborating with IBM on a blockchain-based system that could identify and flag recalled foods. Since then, it has dived into a number of patents and trials — e.g., tracking meat in China, tracking delivery drones, patenting smart deliveries and tracking live food …

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These Websites Help You Shop With Major Retailers Using Cryptocurrency

</header> <strong>Cryptocurrency users are often forced to convert their coins to fiat in order to purchase items from leading retailers and ecommerce platforms such as Walmart and Home Depot, Amazon, Aliexpress, and Ebay. The hesitation of these merchants to embrace crypto payments has created a niche that’s being occupied by online businesses that are bridging …

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