The Blockchain Technology is showing its potential and is diversifying its use cases exponentially. From creating a transparency in data and being a structure which cannot be manipulated, blockchain has a lot to explore in the retail and CPG Industry.
Blockchain Technology will instantly reduce the time consumed by third party institutions like banks, reducing costs and processing time. Facilitating agreements in Blockchain will speed up and records stored on the blockchain can be easily verified and transferred.
Improve and protect the user experience with blockchain. Record, store consumer data and track them to provide incentives for loyalty or to notify any losses in transactions and purchases. Maintain transparency in surveys and competitions.
