Advertise Here [468 W x 60 H pixels]
Report | April 2019

Bext360, a new initiative for organic cotton

The Blockchain startup Bext360 has decided to partner with multiple tech companies for testing if the blockchain can be used for using the organic cotton supply chain. Bext360 provides comprehensive and measurable accountability for critical supply chains. The SaaS platform provides unsurpassed blockchain traceability and quantifiable measurements for sustainability. Bext360 focuses on supply chains such as coffee, seafood, timber, minerals, cotton and palm oil to provide a traceable fingerprint from producer to consumer.

The pilot test is called as Organic Cotton Traceability Pilot. It is a partnership between the C&A Foundation, the Organic Cotton Accelerator and Fashion for Good supported by C&A, Zalando, PVH Corp and the Kering Group. In the current phase, organic cotton is traced from farms to the gin for processing. The second and third phase will ensure the tracing of cotton from gin to consumer and then scaling it for fashion industries respectively. Still as it costs too much to produce, that percentage still accounts for nearly $15 billion market.

Several companies are working with technical pilot Bext360 for this initiative. To ensure the authenticity of the cotton, these companies “tag” the cotton which is further being “fingerprinted” in the supply chain by Bext360 to ensure the veritable nature of the cotton. The blockchain software then creates a “token” through which the consumer can trace every path of cotton. These individual electronic tokens can be used to track the process of harvesting, processing uptill the final product. The pilot Bext360 Agricultural project can be a great contributor in the sustainability efforts of the brands and the supply chain. With cotton becoming more verifiable, there will be added incentive for all in the chain to use the sustainable cotton and the brands will be happy to give verifiable tags to their consumers.

Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image


 
Advertise Here [728 W x 90 H pixels]
Angel Mechtronik      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      ATE Enterprises Pvt Ltd      ATE Huber Envirotech Pvt Ltd      B & R Industrial Automation Pvt Ltd      Bharat Beams Pvt Ltd      Bhatt Bros      Carlos Yidi JR (Finotex ) / Labelmach      Condair Plc      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gandhi Automations Pvt Ltd      Grasim Industries Ltd      Jogindra Industries Pvt Ltd      Jumac Manufacturing Pvt.Ltd      K U Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine works Ltd      Lakshmi Machine works Ltd      Loepfe Brothers Ltd (Masterline)      Nanotek Controls      Nestling Technologies      Peass Industrial Engineers Pvt Ltd      Precision Rubber Industries Pvt Ltd      Savio Texcone Pvt Ltd      SRE Corporation      Stovec Industries Ltd      Sumanlal J Shah And Co      Surface Modification Technologies Pvt Ltd      The Best Textiles Engineers      Trishul Overseas      Weavetech Engineering Pvt Ltd      Angel Mechtronik      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      ATE Enterprises Pvt Ltd      ATE Huber Envirotech Pvt Ltd      B & R Industrial Automation Pvt Ltd      Bharat Beams Pvt Ltd      Bhatt Bros      Carlos Yidi JR (Finotex ) / Labelmach      Condair Plc      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gandhi Automations Pvt Ltd      Grasim Industries Ltd      Jogindra Industries Pvt Ltd      Jumac Manufacturing Pvt.Ltd      K U Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine works Ltd      Lakshmi Machine works Ltd      Loepfe Brothers Ltd (Masterline)      Nanotek Controls      Nestling Technologies      Peass Industrial Engineers Pvt Ltd      Precision Rubber Industries Pvt Ltd      Savio Texcone Pvt Ltd      SRE Corporation      Stovec Industries Ltd      Sumanlal J Shah And Co      Surface Modification Technologies Pvt Ltd      The Best Textiles Engineers      Trishul Overseas      Weavetech Engineering Pvt Ltd