Source : https://www.spireresearch.com/newsroom/spirethoughts/blockchain-technology-is-set-to-hit-retail-sector/

Blockchain technology is set to hit retail sector


Blockchain is set to go beyond financial services and affect all sectors, especially retail. Blockchain enables a decentralized digital ledger to record information and transactions on a shared online network.

In Australia, this technology will soon enable consumers to scan a product and check the actual journey from farm to store shelf, alongside product quality.

Can the internet of things plus Blockchain revolutionize retail supply chains?


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Alyssa Tan
Manager, Group Corporate Communications
Spire Research and Consulting
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Nidhi Singh
Executive, Corporate Communications
Spire Research and Consulting
Phone: (91) 124 654 2062
E-mail: nidhi.singh@spireresearch.com