VeChain expressed:  “We are proud to launch a new service on the VeChain Carbon Footprint Traceability Platform. This blockchain powered software-as-a-service solution is aimed to revolutionize the way sustainability is tracked in the Fashion industry.”

Fashion is having to transform urgently during the pandemic for meaningful progress towards sustainability.

Trustless claims: Blockchain technology is the best choice for textile providers to improve supply chain traceability.  Thus, textile providers and those in to the garment business will be able to offer more transparency into their manufacturing streams.

Data stored on blockchain platforms makes it possible for manufacturers to prove how their sustainable fibers are got from plants or animals, which aims to reduce harm either through the production process, fiber properties, or overall environmental impact.

The collection of information can be easily integrated to the overall carbon claim of the garment, which will become an advantage for textile providers to leverage, attracting industry players involved in a sustainable fashion.

Trustless certification: Characterized by data immutability, the blockchain technology allows the most convincing ethics and sustainability certifications for both brands to consider during provider revision and for customers to consider when shopping. With visible certification stored on this disruptive tracer, textile providers can be vetted in the most trustless manner.

VeChain SaaS Service is hailed to be the Only Choice for a Ready-to-use Blockchain Tool.

In August 2021, VeChain launched their first Digital Carbon Footprint SaaS Service based on the VeChainThor public blockchain. This new offering is the first of its kind to benefit from the combination of decentralized ledger technology and a SaaS business model, and focuses to be the best hands-on tool in the fast growing Chinese market.

SaaS provides the most flexible data visualization models for textile providers to convince downstream brands and consumers of the benefits of purchasing their sustainable apparel.

Blockchain-endorsed garment labels makes a truly environmentally conscious company. The utilization of blockchain would separate the truly sustainable companies from others, which will in turn translate into better sales and a cleaner world.

Community Response:  VeChain is always on the news for the dip.  Never a pump. Who buys VET and VTHO on market? Tokenomics is now harder to burn.

We’ve been reading these posts about applications launched on Vechain for 4 years that are “primed for mass adoption” and millions/billions of txs. Where are the txs? What happened to the previous 500 partnerships?

Patience is the key.

China has been banning cryptocurrencies for years, nothing changed and VeChain is not affected. China is very pro blockchain and is working closely together with the VeChain team to implement blockchain based solutions. Blockchain is more than just cryptocurrencies.