Survey: Value Of Blockchain Technology In Retail Sector To Reach $2.3 Billion By 2023

in #blockchain5 years ago (edited)

shutterstock_503419588-700x400.jpg
PHOTO SOURCE: NEWSBTC.COM

Newsbtc, citing a survey by Monica Eaton-Cardone- an esteemed figure in the fintech industry- reported that the adoption of blockchain technology in the retail sector will swell from the current market value of $80 million to $2.3 billion by 2023.

About 78% of retailers will embrace blockchain technology in the next five years, according to the survey.

Eaton-Cardone pointed out that the retail sector will experience a marked change via the increasing use of blockchain applications for supply chain management, product authenticity authenticity verification and customer data management.


For Steemians who wish to secure regular upvotes for your article contributions to Steemit, you may wish to join Steem Basic Income.

For more information, please refer to below link:

Steem Basic Income Frequently Asked Questions

Sort:  

Congratulations @investprosper! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published a post every day of the week

Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.34
TRX 0.11
JST 0.034
BTC 66344.62
ETH 3214.81
USDT 1.00
SBD 4.37