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Transform your key processes and leverage the potential of blockchain in retail:

$117bn Consumer loyalty rewards issued annually in the US; unclaimed points create balance-sheet issues. Source

70% Of retail and consumer goods companies expect to have a blockchain production network in three years. Source

Key challenges for the retail industry

The retail industry struggles with tight margins, rising consumer expectations and all the difficulties of effective digital transformation. Across channels, retailers face the same logistics challenges as any large organizations — and the requirement to delight individual consumers.

OpenLedger has the experience and knowledge to address retailers’ most pressing concerns, including:

Operational inefficiency

Retail supply chains lack visibility across key business departments, with siloing and static record-keeping major obstacles to integrated and efficient operations management.

Consolidated omnichannel retail

95% of American consumers shop online — then 65% buy in stores. Consumers demand omnichannel shopping but retailers struggle to overcome data management hurdles and provide them.

Consumer participation and tracking

Consumer data collection efforts entail security risks, and can be difficult to compile, share and analyze, increasing administrative costs.

Counterfeit prevention

In 2017, the global market in counterfeit consumer goods was worth $340 billion, damaging brands and degrading consumer trust and revenue.

Quality, provenance, brand

Consumers want to know where their products come from, and mistrust brand-generated claims of ethical sourcing and quality materials or ingredients.

Regulatory compliance

Current supply chain, production and point-of-sale technologies make it difficult to establish and demonstrate regulatory compliance across the organization.

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How blockchain can change the face of the retail industry?

Blockchain ensures end-to-end tracking of goods across the entire production and distribution processes, minimizing chances of counterfeit supplies.
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Blockchain and retail: applications

Retail is a complex web of supply, manufacture, logistics and customer relationships. Here are some key ways blockchain technology can be implemented in retail:

Supply chain management

Easily, instantly and securely achieve supply chain transparency, passing requests up and down chain automatically

Product verification

Fight counterfeiting, prove responsibility. From materials sourcing to shelf, show regulators and customers how ethical and high-quality your products are

Payments processing

Process payments securely, create an irrefutable record accessible by all parties, and accept payments instore and online

Digital & in-store integration

Deliver seamless omnichannel interactions facilitated by a decentralized, encrypted database of customer interactions and preferences, accessible in real time anywhere

Compliance auditability

Offer regulators transparent, immutable, auditable logs of relevant activities, clearly demonstrating compliance with laws, standards and regulations across jurisdictions

Loyalty programs

Cut costs, encourage participation and create frictionless systems based on real-time access to automatically-updated, timestamped blockchain-based records

Ensure
delivery

Improve shipping experience for consumers, monitor item location throughout the shipping process with IoT tagging, and manage delivery in real time

Fight hacking and cybercrime

Keep records on secure, encrypted blockchain, where you control access and there is no central reservoir of data for attackers to target

Privacy protection

Reassure consumers that you care about their privacy by putting them in control of it, giving them sovereignty over their data on the blockchain

Retail companies that utilize blockchain:

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How retail businesses benefit from blockchain

OpenLedger brings deep expertise in blockchain for retail, including custom development, smart contract creation and consulting with clients on how best to leverage this transformative technology for their business.

Drive down processing and administration costs across the organization

Unified customer experiences, fueled by blockchain-based single customer view

Offer consumers both effortless convenience, and credible privacy

Process payments across currencies and channels rapidly and securely

Leverage smart contracts to deliver wholly new, value-added services

Reduce fraud, theft and counterfeiting with IoT and blockchain combined

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Drop us a line about your future project, and we'll get back to you with details within one business day

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Blockchain in retail: opportunities for your business

Blockchain can improve the efficacy, security and efficiency of things your business already does. But it also lets you deliver totally new value-added services that consumers love.

Customized omnichannel shopping experiences

Customized omnichannel shopping experiences

Consumers can determine exactly which data you access. You use it to tailor their shopping experience — never offer vegans discounts on steak again. Build a whole store experience around each customer.

Consumer demand contracts

Consumer demand contracts

Consumers tell you the event or process they need — weekly shop, wedding, home renovation. Offer cohesive packages of products from across your brand family or let competing brands pay you to bid to supply elements.

Wallet-based loyalty schemes

Wallet-based loyalty schemes

Allow users to store ubiquitous rewards points in the same wallet rather than in isolated membership schemes, encouraging participation and repeat custom.

Explore blockchain solutions for:

Supply chain

Supply chain

If you’re interested in the full range of blockchain solutions for supply chains, we have the experience and expertise to deliver.

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IoT

IoT

OpenLedger delivers innovative solutions combining IoT with encrypted, immutable, auditable blockchains.

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Logistics

Logistics

Improve your logistics processes with blockchain technology to gain competitive advantage and reduce operational costs.

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Healthcare

Healthcare

Use blockchain technology for better privacy protection, efficient data exchange, and secure patient data control in healthcare.

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Real estate

Real estate

Explore the benefits of blockchain in real estate, including data management and financial processing optimization.

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Insurance

Insurance

Transform your key processes and leverage the potential of blockchain in insurance industry.

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Automotive

Automotive

Whether it's ride-sharing, manufacturing, vehicle tracking, automotive interactions, blockchain can power your business.

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Education

Education

OpenLedger brings a team of experienced blockchain developers and creates custom solutions for education projects.

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Charity

Charity

Build trust with donors, recipients and other stakeholders, ensure that aid reaches the right people, and improve administration costs.

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Agriculture

Agriculture

Improve distribution, establish farm-to-shelf supply audits for producers and consumers, and reduce food fraud.

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Legal

Legal

Automate the execution of agreements, provide a secure and maintainable database for documents.

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Why work with us

Extensive expertise

You’ll get access to the expertise both of our own blockchain products and of successfully implemented custom solutions

Extensive expertise

Cutting-edge solutions

The OpenLedger team is pioneering the frontiers of blockchain tech and employing it to drive your company’s success.

Cutting-edge solutions

Highly-skilled dev team

All our tech solutions are built by the in-house cross-functional team. The strongest blockchain specialists on the market will be working on your project

Highly-skilled dev team

Profound R&D

OpenLedger’s outstanding R&D department deeply researches unique ways of improving your products and services, so we can implement them together.

Profound R&D

We’d love to show how blockchain can help your retail business:

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