Lenzing joins blockchain movement - sportstextiles: Lea SportsTextiles

News

Lenzing joins blockchain movement

21/05/2019
Lenzing joins blockchain movement
Fibre manufacturer Lenzing Group has partnered Hong Kong-based technology company TextileGenesis to apply blockchain technology to Tencel, with the aim of full traceability as early as next year.

Lenzing says the move will ensure complete traceability for brands and consumers through QR codes on the finished garment. 

TextileGenesis describes blockchain as “a distributed ledger, immutable to any alteration” and says its platform allows digitization and traceability of any textile asset such as fibre, yarn, fabric or garment through fibercoins - "blockchain-based digital-tokens".

“This milestone in transparency is a further strong commitment to sustainability”, says Stefan Doboczky, CEO of the Austrian group. “We aim to create an unmatched level of transparency for brands and consumers.” 

Lenzing will carry out pilot tests over the coming months involving partners along the supply chain.


Related stories:

Viscose traceability project shows viability of blockchain 23/06/2021
Traceability is the next frontier: Webinar explores blockchain for fashion 02/12/2020
Lenzing progresses with blockchain project 10/09/2019
Lenzing to make significant investment in Thailand lyocell plant 04/07/2019
Lenzing: Climate change is most important issue 25/06/2019
New fabric collection combines Tencel and polypropylene 10/05/2019
Specialty fibres focus has made Lenzing ‘resilient’ 09/05/2019
Dystar to host workshops at Performance Days 02/05/2019
Water-saving textile project offers 'less thirsty' fabrics 22/03/2019
Packed programme for Techtextil Forum 19/03/2019
Fresh intake for Fashion for Good accelerator 19/03/2019
Lenzing expects price pressures to increase 15/03/2019

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.