Spotlight On: Blockchain

Blockchain and Retail

Bitcoin and cryptocurrencies have dominated the mainstream media attention on blockchain, overshadowing a much bigger story from a retail management perspective. To date, most business applications of blockchain have focused on the financial sector. This makes sense given that the technology dramatically changes how transactions can be executed.

So, everyone is talking about it. But what do retailers need to understand about blockchain? For retail, blockchain has the potential to change the very essence of how business is done – by enabling unprecedented levels clarity, security and trust into every transaction.