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How blockchain could make fashion more sustainable : vimarsa
How blockchain could make fashion more sustainable : vimarsa
How blockchain could make fashion more sustainable
How blockchain could make fashion more sustainable
CNN
2/8/2021
By Isabelle Gerretsen, CNN Business
© Parker Burchfield/Unsplash
It's hoped that blockchain technology could make the fashion industry more transparent.
Fashion brands are increasingly keen to tout their green credentials, but with clothes production often involving complex global supply chains they can't always guarantee environmentally friendly materials are being used.
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TextileGenesis believes the technology that underpins cryptocurrencies such as bitcoin can help. The company, based in Hong Kong and India, wants to make the fashion industry more transparent by using blockchain to digitize the supply chain, helping brands track clothes production from the raw materials to the finished article.
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