# Using blockchain technology to combat retail theft

# Using blockchain technology to combat retail theft

” Using blockchain technology to combat retail theft “ The retail industry is one of the most important sectors of the United States economy. Unfortunately, the COVID-19 pandemic has left the trillion-dollar retail sector vulnerable to in-store theft.  Findings from the National Retail Federation’s 2022 Retail Security Survey show that retail losses from stolen goods…

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# Industry seeks solutions for NFT image-hosting disasters

# Industry seeks solutions for NFT image-hosting disasters

” Industry seeks solutions for NFT image-hosting disasters “ The image-hosting aspect of nonfungible tokens (NFTs) needs major improvements. First, people saw NFTs on FTX breaking after it declared bankruptcy. More recently, NFTs on the marketplace Magic Eden showed some questionable images instead of their actual thumbnails.  As the problem continues to persist, Cointelegraph reached…

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# Redeeming physical NFTs: Easier said than done?

# Redeeming physical NFTs: Easier said than done?

” Redeeming physical NFTs: Easier said than done? “ Despite the crypto winter, nonfungible tokens (NFTs) continue to draw interest. This has become apparent as many brands and retailers have started to offer digital NFTs attached to physical products. Known as “phygitals,” these offerings allow real-world products to be tied to digital NFTs.  For example,…

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