The Role of Blockchain in Fashion Supply Chains
The fashion industry is notorious for its complex and often opaque supply chains. Consumers are increasingly demanding transparency – wanting to know where their clothes come from, who made them, and under what conditions. This is where blockchain steps in, offering a revolutionary solution for a more ethical and sustainable fashion future. What is Blockchain? Imagine a digital ledger, accessible to all authorized participants, that records every step of a product's journey. This, in essence, is blockchain. It's a secure, tamper-proof system that builds trust and transparency within a network. Revolutionizing Fashion Supply Chains: Here's how blockchain is transforming fashion: Enhanced Transparency: Every step in a garment's lifecycle, from raw material sourcing to manufacturing and transportation, can be recorded on the blockchain. This allows consumers to verify the authenticity of their clothes and ensure ethical and sustainable practices were followed throughout
