Supply chains under scrutiny: going beyond ‘who made my clothes?’
A great example of this principle in action is Textile Genesis™ – a partnership between leading sustainable material producer, Lenzing, the brand Armed Angels and wool producer, Schneider Group. Textile Genesis™ the world’s first traceability platform designed and built for the global apparel and textile industry. How does it work? If you’re a techy, brace yourself, because this is some seriously cool stuff.
The Textile Genesis™ platform works according to a system of Fibercoins™, which are digital tokens attached to shipments of fibres and garments in the Textile Genesis™ stable. This includes sustainably produced and pioneering materials, Lenzing™, Ecovero™, Tencel™ and Authentico™ fibres – many of which are used by the brands you’ll find on Plain Tiger. These tokens are the unique ‘fingerprints’ of the fibre and allow manufacturers, brands and consumers to authenticate the origin of the fibre and conduct due diligence checks on aspects such as environmentally-friendly production processes, socially sound labour policies and ethical governance practices.
The system allows for any textile asset to be digitised, from the fibre and the fabric, down to the filament and the yarn. Where before, brands and consumers had no insight into how textiles are produced, where they come from or under which conditions that are produced, now we get to peek through every backdoor and alley to uncover the truth. We can ask, ‘who made my clothes?’ but we can also ask, ‘who made the fibres to make the fabric to make my clothes?’
In this way, blockchain technology is shedding light on one of the darkest parts of fashion production – the supply chain. It is an important part of the solution towards a more transparent future for fashion, and addressing issues around social and environmental justice, that we simply didn’t have enough information on to tackle in any significant way.
And it doesn’t end there
The best part is that blockchain’s application in the fashion industry does not end with the supply chain. As an authentication tool, it provides consumers with a way to validate fashion products and to avoid buying counterfeit products. This function is particularly important given the rise of the second-hand luxury goods market, where third-party vendors and their market now have a way to check that garments are in fact authentic. Blockchain is already being used in this way by companies in the food and beverage industry, with high-end whiskey distilleries producing scannable tokens that can be used to verify the authenticity of the product.
Change is on the horizon
While blockchain technology is yet to be implemented en masse by brands outside of the financial services industry, exciting prospects lie ahead for the fashion brands of the future, particularly in the sustainability space, where traceability and authenticity is key.
Sustainable fashion brands now have the opportunity to back up their narratives with a legitimate data trail that anyone can access, at any time, from anywhere. Watch this space – first adopters are already disrupting the sector and paving the way for smaller labels to become industry pioneers. Exciting times lie ahead.