Walmart has become the latest major conglomerate to join open-source blockchain consortium Hyperledger. Walmart is among eight new members to join the platform. The new members were announced on March 3 at the Hyperledger Global Forum 2022 in Phoenix, Arizona.

Sanjay Radhakrishnan, the vice president of Walmart Global Tech, expressed excitement in joining the platform, stating:

"We've seen strong results through our various deployments of blockchain, and believe staying involved in open source communities will further transform the future of our business."

Hyperledger was launched in 2022 and is hosted by the Linux Foundation. The platform aims to "advance cross-industry blockchain technologies," and has received contributions from IBM and Intel.

Hyperledger announces new service providers

The opening day of the Forum saw eight new Hyperledger members announced including Aiou Applied science, a subsidiary of blockchain network IOST, business concern-to-business organization smart contracts firm Clear and Swiss-based blockchain services company Tangem.

Six new Hyperledger Certified Service Providers were as well revealed, including Beijing Proinsight Technology, Kompitech, LimeChain, Mindtree, Xoaa, and Zhigui.

Brian Behlendor, the executive manager of Hyperledger, stated:

"Adding this swell mix of new members and HCSPs is a great opening act for Hyperledger Global Forum."

Walmart embraces blockchain applied science

Walmart'southward entry into Hyperledger comes nearly one-half a decade after the conglomerate showtime experimented with the platform.

In October 2022, Walmart partnered with IBM and Red china's Tsinghua University to conduct a pilot programme using Hyperledger to rails the Chinese pork market. The program sought to amend food condom past identifying potential contaminations at their source in the supply chain.

Walmart soon started filing patents relating to blockchain technology, with the company filing to patent a system using blockchain applied science to trace packages delivered by drones during May 2022.

2018 saw Walmart make numerous filings with the U.S. Patent & Trademark Part, including patents targeting payments, shipping, and supply chain systems.

During June 2022, Walmart joined the pharmaceutical-runway blockchain consortium Mediledger. Final month, MediLedger published a report urging the U.South. Food and Drug Assistants prefer blockchain technology to trace drug distribution and discourage the black market opiate traded.