Blockchain is set to reinvent industries that are still using expired technologies and engaging in business practices that are no longer sustainable for our planet. The key benefit of blockchain technology is that it distributes data storage across multiple points and secures each transaction, which provides total transparency and automatic fraud protection. This technology goes hand in hand with expanding the consciousness of Humanity at the accelerated rate.
The fashion industry is one of the most polluting, unethical and non-sustainable industries and it desperately needs to embrace new ways of operation, that includes incorporating blockchain technology into the fashion product cycle to provide transparency and traceability of the supply chain, maintain digital wardrobes and boost emerging sharing economy, secure IP rights and authenticity for fashion designers, enable efficient omnichannel communications, provide novel ways of funding collections - here are some of the opportunities.
Join us at The Assemblage Nomad for a conversation on Blockchain for Circularity & Transparency in Fashion Industry to learn more about the way Blockchain can bring much upgrade to the fashion system and make it more circular, transparent and sustainable for our Planet. Our panel of experts are going to shed light on the value behind these technologies in the context of fashion.
Topics we will cover:
The new era of transparency in fashion, purpose, and trust
· Shifting mindset - from linear to circular
· Incentives to be trustworthy: decentralization and transparency
· Blockchain, smart contracts, and other technology for transparency
· Standardization and common language for the new technologies
· Smart labels and consumer feedback
· Circularity in fashion: Recycling, upcycling and sharing economy
The event is organized by Nataliya's consulting agency, Balanced Fashion.