Integrating Blockchain Technology into Traditional Point of Sale (POS) Software to Secure Transactions
Abstract
Thomson Alexander
This scholarly article examines how traditional Point of Sale (POS) software systems in the retail sector can be revolutionized by incorporating blockchain technology. The study aims to improve transactional security using transparent and decentralized mechanisms to re-architect crucial point-of-sale infrastructure. This study tackles issues with fraud, data integrity, and security in retail transactions by utilizing the capabilities of blockchain technology, including smart contracts and distributed ledgers. Choosing the right blockchain platform, putting strong data security measures in place, and ensuring smooth integration with current systems are all essential aspects of the investigation. By strengthening POS systems with blockchain technology, this project aims to reimagine retail transactions in the future altogether.