Blockchain technology is expected to continue streamlining the retail market, given that its usage is anticipated to increase 12-times to reach $2.082 billion by 2028 from $172.22 million recorded in 2021. In a new report entitled “Blockchain in Retail Market, 2021-2028,” research and consulting firm Fortune Business Insights speculates that the market will record a compound annual growth rate (CAGR) of $42.8% during the 2021-2028 forecast period. The study noted that the post-pandemic era has necessitated integrating blockchain solutions into the retail market based on new measures like the termination…
Blockchain Usage in the Retail Market Expected to Increase 12-Fold, Hitting $2.08B by 2028
