Blockchain in Fashion: Ensuring Authenticity and Sustainability
Blockchain technology has been making waves in various industries, and the fashion industry is no exception. With the growing demand for transparency and sustainability, blockchain has become a game-changer in ensuring authenticity and accountability in the fashion supply chain.
The fashion industry has long been plagued by issues of counterfeit products, unethical labor practices, and environmental degradation. Consumers are becoming increasingly aware of these issues and are demanding more transparency and accountability from fashion brands. This is where blockchain technology comes in.
Blockchain is a decentralized, digital ledger that records transactions in a secure and transparent manner.