IBM Research has developed a solution for the textile industry using the IBM Blockchain Transparent Supply (BTS) platform. It allows users to track the entire spectrum of fabric manufacturing, from the receipt of raw material through cleaning, spinning, weaving, quality assurance, distribution, and sales.
And companies are starting to use it. The Italian luxury textile manufacturer Piacenza is both a client and a partner in this initiative. The company supplies some of the world’s most famous fashion designers with exclusive textiles — with, as Carlo Piacenza, the company’s chief executive, tells me, “a high level of customization.”