Walmart, through its joint venture Walmart Apollo, has filed a patent for a Walmart coin based on blockchain. The new cryptocurrency (“Walcoin”, anyone?), intended to be a stablecoin.

If you’re wondering “What is blockchain” (also known as “block chain”), you’re not alone. Unless you’ve been following Bitcoin, you may only be hearing the term “blockchain” for the first time now, as it’s been in the news lately.