Quote from: PRDAEcontact on December 25, 2017, 03:46:06 PM

INS says seven of the top-20 fast-moving consumer goods companies in the world have shown significant interest in the platform; it cites Unilever and Mars as two examples. Beyond the top-20, the company has also gained a total of 500 manufacturers interested in listing or having signed memoranda of understanding expressing their strong commitment to the project once it goes fully operational, a company spokesperson told VentureBeat.

Can blockchain really replace supermarkets in the near future?

YES it can be possible for blockchain to replace supermarkets. This means that distribution chain from the manufacturer to wholesalers to retailers and finally to the final consumers will be distorted making business transaction to be only between the manufacturer and the final consumers. The only advantage this will have is that it will prevent hoarding of goods by the wholesalers and the retailers and the disadvantage i foresee is the delay of goods and services as a result of delay in transactions' confirmation. (My opinion)