The platform plans to assist in “building a from-farm-to-table traceability system” across China. The VeChain Foundation has joined the China Animal Health And Food Safety Alliance as a council member. According to a Sept. 17 announcement, VeChain is “the sole public blockchain technology provider in the alliance” and will offer technical and infrastructure support. There […]
Continue Reading
The World Economic Forum believes DLT supply chain solutions can help reboot the global economy, launching a blockchain deployment kit. The World Economic Forum published a report looking at how the deployment of blockchain-based solutions can address the supply chain inefficiencies and failures that have been exposed by the COVID-19 pandemic. Alongside the report, the […]
Continue ReadingSupply chain tracking blockchain platform VeChain appears to have launched a new partnership with fashion brand H&M. Cos, the luxury subsidiary of the fast-fashion brand H&M, appears to have partnered with blockchain platform, VeChain, to provide detailed supply chain tracing data to customers. While H&M is yet to confirm the partnership, VeChain’s main investor is […]
Continue Reading
Retailers are rolling out new ways for consumers to look for items online. Forever 21, in particular, is moving beyond text-based online search for its customers with visual search. In an announcement for the feature, Forever 21 President Alex Ok said the technology “bridges the gap” between online and offline worlds, while enabling “customers to […]
Continue Reading
Despite problems with its new logistics system, which cost H&M an additional $45 million, the retailer saw a positive sales trend during September — the first month of the fourth quarter. In a call with analysts, H&M CEO Karl-Johan Persson said that the glitches would have a cost and sales impact, but Reuters reported that they […]
Continue Reading
Every time a new visual search deal comes along — like the major one involving Amazon and Snap, one rumored but officially announced on Monday (Sept. 24) — it seems a good time to remind ourselves that text is dead and that we live in a post-literate society. As was the case many centuries ago, pictures are […]
Continue Reading