Blockchain for the supply chain
Keywords:blockchain, sustainability, fashion, textileindustry, supplychain
The aim of this paper is to go further into ways as to how blockchain maximise and transform the way the current textile supply chain is operated. This paper chose to focus on the textile industry and fashion brands as it is one of the biggest economic contributor to economical and societal negative externalities. By implementing blockchain, transparency, costs and wages for workers at the start of the supply chain can be improved. It can not only bring awareness to companies as to how their way of sourcing raw material is unsustaible but also enable workers to speak out on the way that they are being treated along the supply chain.
Ahmed, Wafaa A. H., and Bart L. MacCarthy. “Blockchain-Enabled Supply Chain Traceability in the Textile and Apparel Supply Chain: A Case Study of the Fiber Producer, Lenzing.” MDPI, Multidisciplinary Digital Publishing Institute, 22 Sept. 2021, doi.org/10.3390/su131910496.
“Blockchain: Unlocking the Value Chain for Better Traceability.” GLOBAL FASHION AGENDA, 22 Jan. 2019, www.globalfashionagenda.com/blockchain-unlocking-the-value-chain-for-better-traceability-2/#.
“Burberry Partners with IBM to Develop a Prototype System to Improve Product Traceability.” Edited by CPP- LUXURY, CPPLUXURY, 2020, cpp-luxury.com/burberry-partners-with-ibm-to-develop-a-prototype-system-to-improve-product-traceability/.
Chapman, Sophie. “IBM Launches Its Blockchain Produce Tracker, IBM Food Trust.” Supply Chain Digital, 17 May 2020, supplychaindigital.com/technology/ibm-launches-its-blockchain-produce-tracker-ibm-food-trust.
Everledger. “How Smart Contracts Trigger Swift Action to Take Russian Goods off the Market.” Everledger, 28 June 2021, everledger.io/how-fashion-brands-are-taking-advantage-of-blockchain-apparel/#:~:text=Blockchain%20connects%20the%20apparel%20supply,that%20prioritise%20authentication%20and%20trust.
Gaur, Vishal, and Abhinav Gaiha . “Building a Transparent Supply Chain.” Harvard Business Review, 14 Apr. 2020, hbr.org/2020/05/building-a-transparent-supply-chain.
Guillén, Francisco. “The Supply Chain and Blockchain. I: Pros and Cons.” BLOCKTAC, 11 Aug. 2019, www.blocktac.com/en/newness/the-supply-chain-and-blockchain-i-pros-and-cons/.
Hayes, Adam. “Blockchain Explained.” Investopedia, Investopedia, 5 Mar. 2022, www.investopedia.com/terms/b/blockchain.asp.
Jardim, Leonor, et al. “What Are the Main Drivers of Blockchain Adoption within Supply Chain? – an Exploratory Research.” Research Gate , Jan. 2021, www.researchgate.net/figure/Findings-of-the-main-drivers-of-Blockchain-adoption-within-Supply-Chain_fig1_349526368.
OECD. OECD, 2019, Is There a Role for Blockchain in Responsible Supply Chains?, mneguidelines.oecd.org/Is-there-a-role-for-blockchain-in-responsible-supply-chains.pdf.
“A Solution by Brands for Brands to Enhance Luxury Customer Experience.” AURA, 2021, auraluxuryblockchain.com/?cli_action=1649688747.299.
Wang, Eugenia, and Kathleen Wegrzyn. “The Pros and Cons of Blockchain in Supply Chain.” JD Supra, www.jdsupra.com/legalnews/the-pros-and-cons-of-blockchain-in-8158255/.