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Use of Blockchain in Major Industries by Numbers: Retail, Manufacturing, Finance, and Others

Published 10/23/2018, 05:40 AM
Updated 10/23/2018, 06:00 AM
© Reuters.  Use of Blockchain in Major Industries by Numbers: Retail, Manufacturing, Finance, and Others

Many startups, major conglomerates, supply chain operators, and distributors have attempted to integrate blockchain technology over the past two years, to increase transparency and reduce the power of central entities in data processing.

With billions of dollars being invested annually by major corporations in blockchain development, the emerging technology has become the focal point of the long-term vision of many companies internationally.

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