The luxury industry has witnessed several changes and challenges; the industry is exploring new technologies to redefine its existing operational systems. Globalization, the shift in economic trends, higher customer expectation, and complex supply chain is making it difficult for brands to plan appropriately.
• Is the industry ready for another disruption?
• Is blockchain ready to go from use-cases to scaled implementation in premium luxury? If not, how long will it take to get there?
• What are the different ways in which blockchain can add value to premium luxury?
• Will blockchain provide decentralization and transparency to luxury buyers?
• Can leveraging blockchain help the luxury industry resolve the challenges present in the supply chain ecosystem?