LF Decentralized Trust
27 Case Studies
A LF Decentralized Trust Case Study
Walmart Canada, a major retail chain, faced a significant challenge in managing freight invoice payments to its many third-party carriers. Dispute rates were as high as 70% due to incompatible systems and complex contracts, leading to costly delays and administrative burdens. To solve this, they enlisted vendor LF Decentralized Trust (DLT Labs™) to implement a blockchain-based solution using Hyperledger Fabric.
LF Decentralized Trust developed and deployed its DL Freight™ platform, which created a single source of truth for all shipment data and automated invoicing via smart contracts. This solution virtually eliminated disputes, reducing them from 70% to just 1.5%. Invoice approval times dropped from months to under a week, processing over 200,000 invoices worth hundreds of millions of dollars. The implementation by LF Decentralized Trust resulted in unprecedented automation, stronger carrier relationships, and substantial financial benefits for Walmart Canada.
DLT Labs
Neeraj Srivastava
Co-founder And Chief Technology Officer