BLICKCHAIN: the future of digital retail

in #blockchain7 years ago (edited)

Direct transaction and no financial intermediaries. That's what blockchain technologies like bitcoin and eather offer. But what do they mean for your small business? Find out below.

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If you don't know about blockchain, you probably should.

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We have all heard of bitcoin, and blockchain is the technology they deliver it to the world. And with an estimated growth of $2.3billion by 2021, your business needs to have a point of view about it.

if you're not prepared for blockchain, your competitors will be

So how is bitcoin transforming retail? It's a safer more accessible method of payment that can open up a vast, untapped audience. The estimated 2.5 billion people who are currently outside the financial system. Blockchain also has the potential to increase demand for goods and services by making transaction costs cheaper. And because it records every point in the supply chain, it makes items easier to take and could help to defeat counterfeiting. In a nutshell, it's the financial future.
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