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LONDON–(FILO D & # 39; BUSINESS) – Announced a well-known provider of data analysis solutions, Quantzig
the completion of their last article on applications of
blockchain technology in retail.
Blockchain technology has proven its efficiency in the last two years
years. Blockchain technology has the potential to maintain a digital record
of transactions and data in a chronological format. Furthermore, it allows
the user to view any changes made in the network. This increases the
transparency of systems and makes hacking difficult. All of this
applications are making blockchain technology a viable option for
companies such as data blocks can not be changed or deleted in any way.
Book
a demo solution to know how the real world applications of
blockchain technology can help you grow your business.
"Blockchain technology is extremely useful for monitoring health
and real-time goods security requirements and many better players
through the industries they are analyzing it to implement in their sector " He says
a market expert from Quantzig.
Blockchain technology applications in retail:
Ensure authenticity
With the growing competition, the exclusivity of objects has diminished.
Also popular items of big brands and fashion houses in luxury
segment are easily available at lower prices. This has become an important one
concern for retailers as they are not able to keep track of their products.
The integration of blockchain technology in the retail sector will help them
it tracks data directly from the procurement phase to the purchase and to the client's will
ensure authenticity for their customers.
Quantzig's data analysis solutions have helped retailers
around the world to make informed decisions. Request
A proposal to know how the Quantzig visualization services can
helps you analyze data in real time.
Improve accuracy
Blockchain technology has the potential to increase visibility in the
supply chain. With the implementation of blockchain technology,
retailers can easily track down the source of their products. This will be
improve transparency between resellers and customers and ensure that
the products are responsibly and ethically sourced. Wondering how
blockchain technology applications can help your business? Get
in contact with our experts.
Transaction using cryptocurrency
The introduction of cryptocurrencies like the bitcoin in the market was a
great revolution for companies in the retail sector. Crypto-Currency
payments help to monitor records digitally by streamlining the
returns and refunds the processes. This reduces the resale of stolen goods
in the market and creates a better market space for retailers. TO
know more about the relevance of blockchain technology applications
the retail industry, visit
the complete article here!
About Quantzig
Quantzig is a global analysis and consulting firm with offices in the United States,
United Kingdom, Canada, China and India. For more than 15 years, we have witnessed
our customers around the world with end-to-end data modeling capabilities
exploit the analysis for prudent decisions. Today, our company
It is made up of over 120 customers, including 45 Fortune 500 companies. For
more information on our engagement policies and tariff plans, visit:
https://www.quantzig.com/get-more-info
