Made in Italy Project: Blockchain to Change Textile Industry

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The first pilot project for the use of blockchain in SMEs in the textile industry was officially presented at the Italian Ministry of Economic Development (MISE) on March 13.

The main goal of the aforementioned project which has been assigned to IBM, is mainly to ascertain all the benefits ofdistributed ledger technology (DLT) within the Made in Italy textile industry apropos: traceability of the goods along the supply chain; certification of origin to the customer; prevent counterfeiting; and ensuring the social and environmental sustainability of the productions. …

An excerpt from Coinidol