I had the pleasure of discussing how Blockchain will revolutionise Retailers and Supply Chain businesses with the Oracle Product Team.
Read my thoughts and advice on how to take advantage of Blockchain technology now:
My view is that Blockchain will give competitive advantage to retailers who will adopt it sooner, thoroughly and properly. As with any new technology, the people who adopt first, often are the people who move forward quicker. The way Amazon appeared was that they chose to play with internet retailing (specifically books) and later on became a global disruptor of retail and have been, and will continue to be, for many years. If a retailer still thinks that they should wait for a year or two, other retailers will have moved forward. It’s a competitive world out there especially with the likes of Amazon, who will be looking to make supply chain more efficient, track products better, give better customer service.