PROS AND CONS OF HAVING BLOCKCHAIN IN THE TEXTILE SUPPLY CHAIN
April 22nd, 2023
Can blockchain technologies help the textile industry resolve past transparency weaknesses in the supply chain, as well as inefficient inventory management, by facilitating fundamental changes to existing supply-chains and processes. Blockchain technologies’ decentralised storage of immutable records of physical asset transactions within digital ledgers, say some experts, can help transform the textile industry throughout the supply chain, from source (raw material point of origin) to shopfloor (brands and retailers).
“Basically, blockchain technologies can ...
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