Blockchain technology has the ability to transform the retail and consumer goods value chain. The blockchain’s ability to track and trace products and record transactions and contracts will lead to widespread adoption in these two sectors in the next five years, with those companies which fail to leverage this new technology risking falling behind. This is according to a report by Deloitte which cites changing consumer demands as a key reason for both industries to turn to blockchain technology. In its report titled “New Tech on the Block”, Deloitte also revealed that it is developing its own blockchain solutions to help address challengesPowered by WPeMatico
