Assignment
Write a 25-page research paper about how blockchain technology might disrupt the retail industry.
Primarily focus on:
- relationship between blockchain and strategy
- new types of business models blockchain might erupt in retail industry
- how the centralizing strategy may defer from the decentralized strategy
Include these in the above topics:
- a brief background about blockchain
- how may the use of cryptocurrency affect the retail industry
- how would stakeholders buy into the new technology
- how would different types of stakeholders be affected
- suppliers, buyers, shareholders, local community (neighbors), employees, etc.
Note: Please know that blockchain is different from bitcoin! (Bitcoin is a currency based on blockchain) Blockchain is a decentralized and public ledger, creating transparency.