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Showing posts with the label block chain technology

Grocery as a segment for WeP Solutions Ltd.

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The  grocery business  in India is distinctive in many ways, primarily due to the diversity of consumers and the unique distribution models of the retail sector. From mom and pop stores to giant supermarkets to online grocery stores, the grocery business in India operates across channels. Indians have traditionally relied on mom and pop stores for their monthly  food & grocery  needs. Globally, India is the sixth-largest grocery market and has a humongous potential for growth due to the rising population as well as disposable incomes. The Indian grocery market, which accounts for 69% of India's total retail market, offers plenty of opportunities to retailers.  India have a huge grocery market and since 85% of the Indian retail market is unorganised, there are many huge chances of facing few challenge in business such as calculation error, getting cheated by employees, wastage of lot of time in the store etc. A systematic bill...

Block Chain Technology - most recent addition to technology

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If you have been following banking, investing, or cryptocurrency over the last ten years, you may be familiar with “blockchain,” the record-keeping technology behind the Bitcoin network. And there’s a good chance that it only makes so much sense. In trying to learn more about blockchain, you've probably encountered a definition like this: “blockchain is a distributed, decentralized, public ledger." A  blockchain  is a decentralized, distributed, and oftentimes public, digital ledger consisting of records called blocks that is used to record transactions across many computers so that any involved block cannot be altered retroactively, without the alteration of all subsequent blocks. Important points: 1. A Blockchain is a type of diary or spreadsheet containing information about transactions. 2. Each transaction generates a hash 3. A hash is a string of numbers and letters. 4. Transactions are entered in the order in which they occurred. Order is ver...