Blockchain traceability solutions are reshaping the fashion industry cycle

1. Transparency and Trust are more crucial than ever

Starting in the 90s, many fashion retailers quickly caught up with the trend and moved their factories overseas to pursue lower labor costs. Since then, the supply chain has become more complicated and unclear.

  • Reduce counterfeit products
  • Protection of intellectual property rights, physical property, and personal data
  • Ability to prove the origin
  • Improving logistics, connecting small and medium industries with retailers
  • Reduce product recalls
  • Delivery control
  • Warranty support and electronic coupon supply
  • Transaction management, helping users to control their data

2. How the fashion industry is using blockchain traceability solutions to improve multiple aspects

Entities in the fashion supply chain focus from the outset on building a genuinely scalable fiber-to-retailer traceability platform for the industry.

akaChain traceability solutions for fashion brands

Supply chain transparency and continuity are essential to all businesses in the digital world.

About akaChain

akaChain is backed by FPT Software, a globally leading technology, and IT services provider. It is an end-to-end, permissioned, multi-chain network based on the Hyperledger Fabric. Since its establishment in September 2018, akaChain’s product has assisted many enterprises, from SMEs to Fortune 500 firms, to transform with distributed ledger technology. The company provides a broad range of permissioned blockchain-based products and services in multiple sectors, including retail, supply chain, banking and finance, insurance, shopping mall management, etc. to transform with its distributed ledger technology. For more information, please visit https://blog.akachain.io/.

Contact us for more information:

Website: https://akachain.io
Phone: +84 90 1133883
Email: admin@akachain.io
Addresses: FLC Twin Towers, 265 Cau Giay street, Dich Vong Hau ward, Cau Giay district, Hanoi, Vietnam.

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Akachain.io

Akachain.io

The Permissioned Business Blockchain for Enterprises