IBM’s foray into the blockchain ecosystem is deepening with a new partnership to track supply chains in the textile and fashion industries.
The Armonk, New York-based tech giant announced Monday that it’s teaming up with German textile manufacturer Kaya&Kato to develop a blockchain network that tracks the origin of fabrics used in the fashion industry. The new application will allow Kaya&Kato’s suppliers and customers to identify where their fabrics are processed, as well as understand each step of the production and distribution processes