Blockchain on Retail

We recently came across a very interesting Ted Talk regarding the retail space and the effects blockchain can have on it (specifically regarding sustainability). Mainly it touched on where products are sourced from, the transparency issue (specifically manufacturing) and the supply chain issues that arise regarding the lack of transparency.

Blockchain can solve these issues by tracing where things come from, fair pay to workers, and documentation processing and process implementation. Blockchain can be customized to fit your company so that you know what you are getting, where, when and all your data can be validated. If you only have 7 min today, watch this Ted Talk, and see what this technology can do to help this industry. 

https://www.ted.com/talks/olivia_tyler_the_complex_path_to_sustainability