Accenture Patent Looks To Offer New Blockchain Tech

An Accenture patent proposal was recently published by the U.S. Patent Agency after being filed back in January. The concept uses blockchain technology to facilitate improved delivery services using automated technology. Walmart has submitted patents revolving around similar processes.

The patent describes integration of driverless or autonomous vehicles and unmanned aerial vehicle (UAV) for analysis, transfer and delivery of “a product, a commodity, medicine, food, an organism, or cosmetics.”

Blockchain critical to encrypting and storing the data inputs from the automated analysis throughout the envisioned supply chain. Spectral (UAV light), chemical and molecular analysis are highlighted as potential checks.

Proactive Approach

The automated supply chain is described further with a plan for automated chains of action. Results of the automated analysis trigger subsequent automated actions. Most simply, this could be whether or not it is the correct package, with the third action generating a work order to have the item processed for acceptance, scheduled for the correct route, or to send a message for human investigation.

Accenture and Blockchain

Accenture has grown to be one of the most prestigious global management and professional consulting firms from its headquarters in Dublin, Ireland. In 2017 the company was ranked in Business Insider’s 9 Best Management Consulting list.

The company showed $2.6 billion in revenue that year, but in 2017 reported net revenues of $34.9 billion. Currently, there more than 425,000 Accenture employees, with clients in more than 200 cities in 120 countries. 

The firm has six operational divisions. Each one benefits directly from blockchain technology, because of the immutability and privacy of cryptographically secure blockchain data, more efficient data storage and transactions, as well as perfectly integrating other technologies like autonomous vehicles, AI, machine learning, Internet of Things. The growing implementation of these things is revolutionizing the supply chain industry and overall business landscape:

The firm has made partnerships this year to begin implementation of their identity solutions software, which is grounded in the cryptography and immutability of blockchain technology. Earlier this year SAP, who offers many similar services to Accenture, announced new blockchain based business solutions.

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