Why Prefer Blockchain Development 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
Blockchain for e-Commerce
Provide alternative payment options, transact faster with enhanced security and improve fulfillment of orders
Blockchain for General Merchandise Stores
Provide proof of authenticity for every single merchandise and add value by customizing customer loyalty programs
Blockchain for Restaurants
Connect with local restaurants and deliver products with accuracy, quality and wide range of variety
Types of Blockchain
Private Blockchain
Protect your retail customer data and make payments securely. Here only selected people can be a part of the system.
Public Blockchain
system.
Blockchain Development Services for Retail Sector
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Automate Retail Services
Automatically receive customer data to customize products -
Manage Inventory
Analyze inventory 24X7 to eliminate long shelved products -
Development of Smart Contracts
Enhance accountability of suppliers to receive products without delay -
Development of HOT Wallets
Provide users with multiple payment options using cryptocurrency -
Development of KYC
Authenticate and validate the credibility of your customer -
Digital Marketing using Blockchain
Go from local to global markets quickly by directly connecting with customers -
Retail Authenticity Certification
Verify the authenticity and credibility of retail outlets to enhance customer trust -
Real-time Supply Chain Tracking
Track orders placed in real-time and be informed of order status 24X7 -
Creation of Loyalty Smart Programs
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
Ethereum
Enables developers to build and deploy decentralized applications
