How it works?
Implementation of blockchain technology in the Textile Industry would revolutionize the entire supply chain, which in the case of textile industry is very complicated as a number of stakeholders are involved. The Textile Industry currently face a lot of problems – counterfeiting, information asymmetry, fragile supply chains, low visibility, quality issues, etc. In face of all these challenges, blockchain technology has emerged to be a solution that would help establish supply chain traceability that would in turn help combat counterfeiting, and other issues.
Traceyarn is the implementation of blockchain in the Textile Industry that would help establish supply chain traceability and quality standardization.
Supply Chain Traceability
Establishing traceability would help combat counterfeiting and help in real time data acquisition.
Third Party Elimination
Elimination of middle-man would help especially with the farmer’s/producer’s economy
For an authentic buying experience and a sustainable and circular economy.
Give us a shout
Blockcube strives to provide the best service possible with every contact.