Enterprise Blockchain Use Cases - Retail Industry

Blockchain Dashboard - Retail

Comprehensive coverage of blockchain action taking place in the traditional and online retail industry. Blockchain Projects, use cases, consortia, enterprises involved, executive decision makers, and benefits of blockchain adoption.

Blockchain Use Cases

Enterprises from the traditional and online retail industries are demonstrating strong confidence in the blockchain technology. Currently, these enterprises are testing this technology for more than 10 different use cases, some of which include, inventory management, customer loyalty management, supplier payments, digital advertising, and capturing consumer insights, among others.

There are more than 60 enterprise blockchain projects underway across the globe. The adoption is well-spread among different categories – big-box stores, speciality retail stores, and online retailers.

Blockchain Projects

Countries where Blockchain Projects are Underway

The adoption of this technology within the retail industry is well-spread across various geographic regions. While the adoption is well spread across the globe, the concentration of these projects is particularly high in the European countries (including Russia), which account for ~46% of all the projects.

These projects are being executed by a mix of large system integrators, specialist blockchain vendors, consulting companies and in-house research teams at insurance companies. There is no clear template for engaging blockchain vendors yet, and different enterprises are using different combinations of Blockchain-as-a-Service (BaaS) providers, customized application developers, distributed application platforms (dApps), and in-house IT teams.

Blockchain Technology and Consulting Vendors

Enterprises Involved in Blockchain Projects

More than 100 enterprises, government organizations, and regulators have come forward to test this new technology. Some of the key industry stakeholders involved in these projects include large retail chains, big-box store operators, dairy retailers, e-commerce companies, and payment processing companies, among others.

These enterprise blockchain projects are helmed by senior executives that include a combination of business and technology decision-makers from enterprises as well as technology and consulting solution providers. Some of these executives include CEOs and Deputy CEOs, EVPs, CFOs, CIOs, Chief Digital Officers,  Managing Directors, Presidents, and Consulting Partners, among others.

Senior Decision Makers

Blockchain Consortia

The blockchain adoption, within the retail industry is also maturing, as is evident from the formation of two industry consortia. The formation of consortia will lead to faster and wider implementation of the use cases.

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