Walmart Seeks to Patent a Way for Using Digital Cryptocurrency

Walmart Inc. appears be pondering whether to test waters in the world of cryptocurrencies, following the steps of Facebook Inc.

The retailing giant applied to patent a way to use a digital coin tied to a traditional fiat currency, which could allow for cheaper and faster transactions as well as loyalty features, according to a filing published Aug. 1 by the U.S. Patent and Trademark Office.



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