By integrating Blockchain into the supply chain, Autify Network will enable brands to securely track their products and ensure that they meet the highest standards of quality, sustainability and ethics
Autify Network, an Indian supply chain startup, is looking to step into the luxury fashion industry to provide a better solution to the supply chain with the help of Blockchain. The team claim that their Blockchain based solution will ensure originality and maintain ethical factors in production.
The luxury fashion industry, known for its glamorous products and premium pricing, has been seeking solutions to the problems in its supply chain. From counterfeit goods to unethical labour practices, the issues have tarnished the reputation of some of the world's most famous fashion brands. Blockchain technology is said to be a promising solution to these problems.