Blockchain Use in Retail Will Grow Three Times in Five Years


Technologies: Smart Contracts, Cross-Chain, TelecomRegions: Asia Pacific, Australia, Russia

Research & Markets, the U.S. analytical think tank, released a report on the global blockchain trends for the next five years. The compound annual growth rate (CAGR) of blockchain-based retail will reach a whopping 60.4% during the 2019-2024 forecast period.

Technologies: Smart Contracts, Cross-Chain, Telecom

Solutions powered by smart contracts will dominate discussions for adopting blockchain technology. With smart contracts, this may provide a scope for automating internal business operations like billing, supply chain management, and inventory management. 

Obviously, smart contracts can help automate payment processors for online and…

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