Headlines
- IBM targets sustainable fashion with latest blockchain partnership
- Bitcoin Movement launches collection of blockchain-backed streetwear designed by Zuby
Reading Notes
Supply chain logistics have long been touted as one of the best use cases for blockchain technology. Improved traceability, especially in the provision of food and medicine, is one of the biggest value drivers of blockchain integration.
It is estimated that 20% of global grocers will use blockchain technology for food safety and traceability by 2025.
IBM targets sustainable fashion with latest blockchain partnership
“The network is designed to create transparency about the origin of garments, from the fiber used to the completion of the final product, and to provide consumers with the knowledge that their clothes are sustainably produced.”
Bitcoin Movement launches collection of blockchain-backed streetwear designed by Zuby
- The blockchain linked NFC chips installed in the garments help solve the problem of counterfeiting and eliminate the chance of duplicates being created and circulating on the black market.
- The chips are bound with unique transaction IDs that can only be retrieved by using The Bitcoin Movement app to read the data stored on the VeChainThor Blockchain.
- This technology has been compared to QR codes, which can be replicated and reprinted rendering them not fit as anti-counterfeiting mechanisms.
- The NFC chips cannot be replicated nor can the same blockchain data be uploaded to new chips.
https://btcmvmnt.medium.com/take-the-power-back-cd1978906a3d