How is the retail market coming out with blockchain?
Reviewing and compile blockchain industry topic, updating market references and research environment.
Today, we are picking up retail and supermarket area with blockchain deployment.
Migros, Switzerland’s largest supermarket chain, has instituted a blockchain food tracking system with the help of TE-Food, ‘farm-to-table’ food traceability blockchain solution.
Migros forecasts blockchain technology to support customer experiences instead of just marketing solution. Although, it remains at early adaption, a lot of experiments to improve practice.
According to ZION market research, retail market is expected to realize enormous interest with blockchain technology. Until the 2024, 3,704 million US estimated to be grown up through their effort. CAGR is the annual rate of potential growth will be achieved at 85,4% and big opportunities. Retail is very promising target at this space.
Venezuela’s largest department store will launch this in its forty-nine retail outlets in the country, with blockchain-backed cash registers, integrated with Pundi X’s PoS (Point of Sale) device called- XPOS.
XPOS payment system will offer its users a method of payment that will support many cryptocurrencies, which will include- Bitcoin (BTC), Ethereum (ETH), Binance’s BNB stablecoin, and Pundi X’s native crypto token NPXS, as well as NPXSXEM tokens.
Japanese retail giant, Rakuten has launched their own Wallet, enables to trade the cryptocurrencies, Bitcoin (BTC), Ether (ETH) and Bitcoin Cash (BCH).
Customers who already have a bank account with Rakuten Bank will be able to easily open a Rakuten Wallet account simply by entering the required information on the online application form.
Retail features is becoming to adapt the cryptocurrency and blockchain inside their ecosystem now.
Thank you for reading daily Collabogate overview and please contact me if you want to be writer of research blogging.
Looking for Collaborator to start working with global network! Please register below the link for business collaboration together.
Published at Tue, 03 Sep 2019 23:35:54 +0000
Bitcoin Pic Of The Moment
via Instagram ift.tt/2rpzxCL
By LauraGilchristEdu on 2017-06-14 02:14:14
