Why does retail industry need blockchain?
A pioneering technology is needed by every industry, there's a considerable degree of implementation in each industry for a new technology. We now see cloud computing, encryption keys, biometric systems everywhere. The same applies for blockchain as it has registered its appearance on a vast scale now. This technology has been proved as super-utilitarian technology for every small and large-scale industry. That's why retail industry needs blockchain development. Is blockchain crucial for retail? Blockchain can actually do wonders in retail sector. It plays a pivotal part in every industry, however, in retail, the significance of blockchain gets amplified. A retail store deals in various types of goods, their management, valuation and finally documenting the sales records. All these things can be flawlessly managed if done with the help of blockchain. Its usefulness has already been realized by retail giants and many projects have been launched in a bid to introdu