As blockchain technology continues to extend its reach into retail's vast ecosystem, keeping pace with the capabilities, technologies and reach of these investments can be a daunting task. This presentation presents a comprehensive list of the areas where blockchain is having its biggest impact on retail, and the companies making the impact.
Omnichain – from April 2018
Omnichain - https://www.omnichains.com/
Auburn University’s Chain Integration Project (CHIP) – Helps supply chain partners exchange RFID data more seamlessly. A pilot. https://www.supplychaindive.com/news/auburn-university-CHIP-blockchain-project/554552/ Addresses the challenge of quickly and simultaneously pooling data that should be attached to a single item.
TradeLens – the IBM & Maersk joint effort - https://e3zine.com/2018/12/26/blockchain-revolutionize-trade/
https://newsroom.ibm.com/2018-08-09-Maersk-and-IBM-Introduce-TradeLens-Blockchain-Shipping-Solution
https://www.coindesk.com/ibm-maersk-finally-sign-up-2-big-carriers-for-shipping-blockchain
LVMH is starting to deploy the “AURA platform for authenticating luxury goods” developed in partnership with Microsoft. Louis Vuitton and Parfums Christian Dior will be the first brands to get it. https://www.retaildive.com/news/lvmh-creates-blockchain-platform-to-track-luxury-goods/555050/
http://www.thefashionlaw.com/home/lvmh-just-launched-a-blockchain-service-to-fight-fakes-as-authenticity-particularly-in-resale-comes-under-the-microscope
Fighting counterfeits in retail through blockchain with LINFINITY. https://sbr.com.sg/co-written-partner/sponsored-articles/fighting-counterfeits-in-retail-through-blockchain-linfinity
SimplyBrand - “The World's First Blockchain-Based Anti-Counterfeiting Platform simplyBrand Kicks Off Token Pre-Sale”. simplyBrand aims to end online counterfeiting through a safe and trustworthy digital commerce ecosystem. https://markets.businessinsider.com/news/stocks/the-world-s-first-blockchain-based-anti-counterfeiting-platform-simplybrand-kicks-off-token-pre-sale-1027857702
https://simplybrand.io/en/
Digital marketing authentication (IBM AdLedger)
“Can Blockchain Solve Media Transparency? We Think it Can.” Blockchain as a way to solve programmatic advertising’s problems. https://www.campaignlive.co.uk/article/blockchain-solve-media-transparency-think/1462634
Lucidity – a blockchain-based digital marketing analytics company, part of an IBM blockchain incubator. https://www.crowdfundinsider.com/2019/01/143583-ibm-wants-to-lead-on-blockchain-innovation-announces-10-blockchain-startups-joining-their-accelerator/
Influencer marketing contracts
“How Blockchain Will Disrupt the Future of Social Media Influencers”. Brands will want transparency and certification of an influencer’s followers and expected performance from a paid post. [To me, just another angle on digital advertising] https://www.adweek.com/digital/how-blockchain-will-disrupt-the-future-of-social-media-influencers/
Ailsa Bay Whisky – bottle contains a QR code that leads to a “visual history of their whisky”
https://www.thespiritsbusiness.com/2019/03/ailsa-bay-unveils-blockchain-whisky-bottle/
Starbucks partners with Microsoft to provide customers visibility into the lifecycle history of packaged coffee. https://news.microsoft.com/transform/starbucks-turns-to-technology-to-brew-up-a-more-personal-connection-with-its-customers/
Sphere Identity, Katherine Noall, CEO – I interviewed her in March
https://www.sphereidentity.com/
Verify.me – 5 banks in Canada using it to verify individuals wanting to open new accounts or share verified individual data from the banks to other companies. https://www.finextra.com/newsarticle/33757/canadian-bank-backed-blockchain-based-id-verification-system-launches/retail
https://verified.me/
Civic – age verification for alcohol purchases. You upload a picture of your passport or driver’s license to their service, and then behind the scenes it verifies your age when you purchase beer from a vending machine. https://www.coindesk.com/civic-inks-deal-to-bring-blockchain-id-to-1000-vending-machines
https://www.civic.com/solutions/automated-retail/
Nucleus Vision – beacons that receive a signal from your phone that relays what information you want to share with a retailer as you enter the store. And then personalization & recommendations on top of that. Fueled by nCash, the loyalty tokens/currency. https://blokt.com/interview/nucleus-vision-using-blockchain-and-iot-to-bring-valuable-customer-insights-to-retailers
https://www.nucleus.vision/roadmap
Loyalty programs
Shopin – customer ID mgmt. but more so using it to generate offers https://www.enterprisetimes.co.uk/2019/04/15/shopin-harnesses-customer-data-to-launch-retail-intelligence-platform/
Boltt Coin – for users of fitness tracker Boltt, you earn Boltt coins for steps, which you can redeem for products. https://yourstory.com/2019/03/blockchain-fitness-startup-app-boltt-coin-kv14d1n2i2
https://bolttcoin.io/english/index.html
Swych Unveils Blockchain-Powered Global Gifting and Shopping Platform. https://www.prweb.com/releases/swych_unveils_blockchain_powered_global_gifting_and_shopping_platform/prweb15986881.htm
http://goswych.com/about-us/
QashBack – a “reputation management” system that rewards consumers with QBK tokens for writing genuine, verified reviews, which they can redeem for products at participating retailers. https://www.coinspeaker.com/qashback-marketing-platform-launches-in-2019/
https://qashback.net/
Chainlink – smart contracts that both protect the contract and control the payout based on trigger events.
https://chain.link/
Walmart has filed two patents – one for payments related to dropship, and one for payments to last-mile couriers that both use blockchain. https://coingeek.com/walmart-punts-blockchain-tech-secure-payment-data/
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=1&p=1&f=G&l=50&d=PG01&S1=20180108010.PGNR.&OS=dn/20180108010&RS=DN/20180108010
TigerTrade – a B2B retail excess inventory market for emerging markets. https://www.crowdfundinsider.com/2019/01/143583-ibm-wants-to-lead-on-blockchain-innovation-announces-10-blockchain-startups-joining-their-accelerator/
https://www.tigertrade.com/
https://www.tigertrade.com/about/
IBM microloans to farmers in Kenya selling to food stalls. http://info.trendwatching.com/ibms-microloan-blockchain-for-food-kiosk-owners?utm_campaign=Innovation%20of%20the%20Day%20&utm_source=hs_email&utm_medium=email&utm_content=63348520&_hsenc=p2ANqtz--RBRdnh6zogocEMjsVfyTVYCqBxyxabQqrHhCfznxSXcsUi27JtDsxd_dJUiksnG7PCwqW5ZfPFvxQDCBjcS98Dg0HeQ&_hsmi=63352910
https://www.ibm.com/blogs/research/2018/04/ibm-twiga-foods/?utm_campaign=Innovation%20of%20the%20Day%20&utm_source=hs_email&utm_medium=email&utm_content=63352910&_hsenc=p2ANqtz-9NIMGDZVuRDXda_HbsvnCKxJnq7Es7JA0fOVCivtVXDnSsjISmlsr_mTHFQe_yyWCI_nwSwVl5XumE2rMxLHd4J5CEfA