Beating Amazon with #blockchain
▻https://hackernoon.com/beating-amazon-with-blockchain-f46fa240c3e8?source=rss----3a8144eabfe3--
…and a shared Supply Chain and an #ecommerce SystemDr. Drew MillerManaging Director, Blockchain Business Consultantsdrmiller@bchainconsult.comAn article, “The Shrinking Middle Class: How We Got Here, And Why” in the December 2018 issue of Fortune magazine reported how many urban neighborhoods have no small stores left, and residents must travel miles to get groceries.[i] Walmart decimated small retailers, and Amazon is now finishing the job. Mega retailers also raise competitive barriers for small manufacturers and shape an economy favoring mega firms, not small town, neighborhood businesses. Great for the richest family in the world, the Walton heirs, and the richest man in the world, Amazon’s Jeff Bezos, but not the rest of us. Tech giants like Amazon don’t just abuse small manufacturers (...)