Why Prefer Blockchain for Retail?
Enterprise Blockchain Development, due to its decentralized nature, allows you to manage your supply chain and inventory at all times. It enables to receive payments and deliver products to the customers at the right time and right place. Blockchain provides proof of authenticity, proof of delivery and supply chain transparency. Proof of authenticity helps retail business to validate owners of the business and authenticate the originality of the product to eradicate fake products. Proof of delivery ensures that customers receive real-time delivery status at all times. Supply chain transparency reduces the discrepancies between sellers and vendors making sure that there is no product with long shelf life. Adoption of blockchain in retail and manufacturing can reduce the number of fake goods, ship products with an immutable warranty and insurance policies, and provide instant logistical support.
Blockchain Business Models for Retail
Types of Blockchain
Our Services for Blockchain in Retail
Automatically receive customer data to customize products
Analyze inventory 24X7 to eliminate long shelved products
Enhance accountability of suppliers to receive products without delay
Provide users with multiple payment options using cryptocurrency
Authenticate and validate the credibility of your customer
Go from local to global markets quickly by directly connecting with customers
Verify the authenticity and credibility of retail outlets to enhance customer trust
Track orders placed in real-time and be informed of order status 24X7
Analyze your customers and identify loyal customers to provide special benefits
Here’s Why You Should Hire SoluLab for Blockchain in Retail
Technology and Tools We Use
Enables developers to build and deploy decentralized applications
A shared ledger that utilizes cryptography and supports smart contracts
A statically-typed programming language designed for developing smart contracts
Act as a developer environment and testing framework for blockchain technology
Open source blockchain designed specifically to meet the demands of modern day businesses
Provides one frictionless experience for sending and receiving money globally
Platform that addresses specific challenges to blockchain technology adoption within the financial industry and beyond
Open-source distributed ledger built to power the Machine Economy through fee-less micro-transactions and data integrity
Work speaks louder than words
What our client says
Based on what I’ve seen from our beta tests, the site is quite stable.
They manifested our concepts and were quite responsive.
They’re very agile and able to use the technology you need to solve the problem, not the other way around.
Our recent posts
Know the core difference between these two blockchain types that can affect your project too.