Amazon Patented a Blockchain System for Supply Chain Tracking

Cointelegraph

Published May 30, 2020 01:31PM ET

Updated May 30, 2020 03:20PM ET

World’s top ecommerce firm, Amazon (NASDAQ:AMZN), 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:

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