Blockchain Development in the Retail Industry
Easily store supply chain records in a transparent, distributed data base.
Certify the authenticity of your products
The Future Retail Industry
Blockchain is revolutionizing the retail industry by tracking supply chains, reducing fraud occurrences, and increasing transparencies to product origins. Utilizing Adastra’s Blockchain solutions enables retailers to reduce fraudulent goods by certifying luxury products on the Blockchain and tracking their vendors.
Blockchain for The Retail Industry
Blockchain helps track products from dispatch to shipment and delivery, in turn providing retailers and customers with knowledge on when and how a product is shipped.
Retailers will have flexibility accessing consumer information, such as historical data and customers’ buying habits. With Data Analytics, retailers can familiarize themselves with target markets using the “Know Your Customer” approach.
Through Blockchain, retailers earn the trust of consumers through responsibly sourced merchandise. Customers are reassured of authentic products they can rely on and are likely to repurchase.
Merchant and customer e-commerce payment data is safely stored. Blockchain provides a secure space, preventing risk of having data tampered with due to immutable properties.