Fashion Brands uses Blockchain Technology

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Quote from: DrBeer on September 04, 2022, 02:27:27 PM

Quote from: n0ne on September 04, 2022, 04:08:57 AM

If cryptocurrency is being used in the right way, the luxury brands can keep the unique value of the brand as copycats are getting to be common all around. The reality is different and these brands use the term blockchain as a term to promote them as they're getting adopted to the growing technology. With time brands will use it in the right way, maybe it can take little time.

I kind of already wrote about this topic - I ask one simple question: how, for a unique and guaranteed identification, to use blockchain technology, as applied, albeit a luxury, but not quite a unique product? So far, I see only the option of integrating a certain passive “blockchain element” into the product, which, when activated, for example by a magnetic field, will issue a certain set of keys by which originality can be identified. I don’t see any other options ... Well, ok ... another option, perhaps each product is marked with an NFT token, registered during the sale, the token is transferred to the owner, and you can determine who it belongs to. But the path is doubtful - it is unlikely that all consumers will agree to be deanonymized.
I mean, you can't "shove blockchain everywhere". This is an interesting technology, but it is not applicable everywhere.

I am not sure if you have had a chance to watch the bollywood movie FASHION. It depicts the real behind the screen world.
The fashion is the world of glitz and glam and they are different people - ahead of everyone -whats to rule the world with their style and design.
So for them finances are of real importance. And they can go to any extreme to look iconic and more informed.

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Quote from: so98nn on August 08, 2022, 04:56:58 AM

Immutability to copy of brand, im not able to think how is it possible with the use of blockchain? I mean we can register that brand or may be some design but there is no possible way that it will be cross verified when someone copies it?

I am sure we do not download clothes digitally in this universe (or parallel). All these technologies are good to keep the data integrity but brand protection and all seems way too stretched.

There is no way we can digitally download clothes, but I am sure in coming days it will be possible
The things we experience these days - we have not have imagined it in the wildest of our dreams.

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Bunny slippers are a cute and fun addition to your casual work pajamas. They can be made from felt with a few basic supplies. First, you need to cut two oval shapes to use as ears. Cut another smaller oval to use as the nose. You can also use felt to create a face for your bunny. Cut a small circle for the eyes and a triangle for the nose. Finally, cut six rectangles to use as whiskers in https://www.fastfashionnews.co.uk/sleeper-atlanta-linen-dress-a-go-to-choice-on-a-hot-summer-day/

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Quote from: n0ne on September 04, 2022, 04:08:57 AM

If cryptocurrency is being used in the right way, the luxury brands can keep the unique value of the brand as copycats are getting to be common all around. The reality is different and these brands use the term blockchain as a term to promote them as they're getting adopted to the growing technology. With time brands will use it in the right way, maybe it can take little time.

I kind of already wrote about this topic - I ask one simple question: how, for a unique and guaranteed identification, to use blockchain technology, as applied, albeit a luxury, but not quite a unique product? So far, I see only the option of integrating a certain passive “blockchain element” into the product, which, when activated, for example by a magnetic field, will issue a certain set of keys by which originality can be identified. I don’t see any other options ... Well, ok ... another option, perhaps each product is marked with an NFT token, registered during the sale, the token is transferred to the owner, and you can determine who it belongs to. But the path is doubtful - it is unlikely that all consumers will agree to be deanonymized.
I mean, you can't "shove blockchain everywhere". This is an interesting technology, but it is not applicable everywhere.

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If cryptocurrency is being used in the right way, the luxury brands can keep the unique value of the brand as copycats are getting to be common all around. The reality is different and these brands use the term blockchain as a term to promote them as they're getting adopted to the growing technology. With time brands will use it in the right way, maybe it can take little time.

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A company will attach "blockchain" to their corporate branding to lure in naive investors who don't know anything about cryptography to throw money at them. It's tiresome seeing it thrown around in industries completely unrelated and delegitimizes blockchain tech for actual suitable applications.

Quote

Luxury giants LVMH, Prada, and Cartier joined forces to launch the Aura Blockchain Consortium, a non-profit platform to create a digital twin for their fashion items. The platform leverages blockchain technology, which has the features of transparency and immutability to ensure that consumers of the brands are buying original copies.
https://beincrypto.com/crypto-can-save-the-fashion-industry-despite/?utm_source=thecryptoapp

Please...utter nonsense.

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The fashion industry is a multi-billion-dollar business, and it is constantly evolving. To stay ahead of the curve, companies need to adopt new technologies to improve their efficiency and security. One such technology is blockchain. Blockchain can revolutionise the fashion industry by making it more secure and efficient. We will discuss how the fashion industry benefits from blockchain technology.

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Immutability to copy of brand, im not able to think how is it possible with the use of blockchain? I mean we can register that brand or may be some design but there is no possible way that it will be cross verified when someone copies it?

I am sure we do not download clothes digitally in this universe (or parallel). All these technologies are good to keep the data integrity but brand protection and all seems way too stretched.

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Quote from: og kush420 on July 31, 2022, 06:54:00 PM

Because is Fashion is all the glitter people look up to. In our country there is a kind of ritual which brides sister do at the wedding and ask for money from groom.
These days - it is also a fashion to ask for any bitcoin the groom has so that they get some good amount of money. haha

Oh yes, so far I have never thought in that direction because in my place I have never found such a ritual at a wedding. After all, not many people know Bitcoin here, so currencies like Bitcoin are still a new thing for some people in my place, that's why no one makes such rituals here and also rituals with other methods when there is a wedding.

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Quote from: wmaurik on July 29, 2022, 12:07:33 AM

That's clearly true, after all, every product brand from a well-known company will also get more interest from the crypto community when the company starts implementing Blockchain technology in it and product users from companies who are not familiar with Blockchain will see clearly that the company has using Blockchain technology to create a better system.

Because is Fashion is all the glitter people look up to. In our country there is a kind of ritual which brides sister do at the wedding and ask for money from groom.
These days - it is also a fashion to ask for any bitcoin the groom has so that they get some good amount of money. haha

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I agree, many brands are slowly making their way on crypto, last year we saw that top leading technology company bought their bitcoin, it also causes other people to buy what they are buying, it is good for a company to start using blockchain technology so that they will have a better reach of the people, they can create attention, and there's a lot of things to be made with blockchain,even at my work they are already creating their name in this technology many R&D are studying blockchain right now.

More and more companies who want to learn Blockchain and want to buy Bitcoin and apply Blockchain technology into the company system is a very good thing because it will always have a very good effect on Bitcoin and also the brand of the company and crypto lovers will also be very happy if in every year there are always new companies that want to adopt Blockchain technology.

Quote from: og kush420 on July 25, 2022, 04:00:33 PM

Fashion industry is the glamour they make trends and promote it in the society
people look up to the fashion industry for what is going on around. So they have to look modern and classy also it depends on the owner interest too - if the owner is interested in crypto - they will surely promote it.

Indirectly it should be so, but I would be much happier and more happy if Blockchain technology could be present in all events in the community (not only about the fashion industry) so that it could provide better promotions for people who are not fully acquainted with Blockchain, because in the end all people will start to know Bitcoin when it starts to happen in the wider community.

Quote from: Minecache on July 28, 2022, 09:33:31 PM

This is a mutually beneficial relationship, in that famous brands assist blockchain technology to become more and more popular and interested in more users worldwide. The popularity of blockchain that will be the premise for people to use cryptocurrency will also increase. On the other hand, using blockchain also allows them to reach a wide range of customers, especially crypto customers like us, which enables them to increase revenues even further.

That's clearly true, after all, every product brand from a well-known company will also get more interest from the crypto community when the company starts implementing Blockchain technology in it and product users from companies who are not familiar with Blockchain will see clearly that the company has using Blockchain technology to create a better system.

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Quote from: wmaurik on July 22, 2022, 01:49:18 AM

Quote from: virasisog on July 16, 2022, 12:58:39 PM

Adaptions like this, especially a famous fashion brand has a huge impact on the crypto industry. It could spread awareness, especially for people who still aren't aware of the function of cryptocurrency and how it works as a mode of payment. It will also be an advantage for crypto users who want to purchase brands using their crypto assets. It's a good thing that blockchain technology has been developing and emerging continuously.

On the one hand it is. Because basically they both have their respective advantages where crypto users can buy famous fashion brands using their cryptocurrency assets and also cryptocurrencies will become easily famous with such interactions at this time. Because it can also encourage more people to find out about blockchain technology that can provide benefits and financial freedom for every user.

This is a mutually beneficial relationship, in that famous brands assist blockchain technology to become more and more popular and interested in more users worldwide. The popularity of blockchain that will be the premise for people to use cryptocurrency will also increase. On the other hand, using blockchain also allows them to reach a wide range of customers, especially crypto customers like us, which enables them to increase revenues even further.

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Quote from: D ltr on July 26, 2022, 06:09:16 PM

this step is very enthusiastic where the level of marketing of one product is helped by the trend every year and the crypto / blockchain trend is becoming, a positive thing in my opinion
but behind all that should before popularizing it understand what blockchain and crypto itself is, the negative or bad side that occurs in knowing crypto as an example of frequent losses rug

Fashion is glamour and so is bitcoin. So they go side by side.
If they need to stay ahead they have to prove and show that they are ahead and know what are the latest trends and stuff going.

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this step is very enthusiastic where the level of marketing of one product is helped by the trend every year and the crypto / blockchain trend is becoming, a positive thing in my opinion
but behind all that should before popularizing it understand what blockchain and crypto itself is, the negative or bad side that occurs in knowing crypto as an example of frequent losses rug

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Quote from: ?? on ??

Quote from: wmaurik on July 22, 2022, 01:49:18 AM

Quote from: virasisog on July 16, 2022, 12:58:39 PM

Adaptions like this, especially a famous fashion brand has a huge impact on the crypto industry. It could spread awareness, especially for people who still aren't aware of the function of cryptocurrency and how it works as a mode of payment. It will also be an advantage for crypto users who want to purchase brands using their crypto assets. It's a good thing that blockchain technology has been developing and emerging continuously.

On the one hand it is. Because basically they both have their respective advantages where crypto users can buy famous fashion brands using their cryptocurrency assets and also cryptocurrencies will become easily famous with such interactions at this time. Because it can also encourage more people to find out about blockchain technology that can provide benefits and financial freedom for every user.

I agree, many brands are slowly making their way on crypto, last year we saw that top leading technology company bought their bitcoin, it also causes other people to buy what they are buying, it is good for a company to start using blockchain technology so that they will have a better reach of the people, they can create attention, and there's a lot of things to be made with blockchain,even at my work they are already creating their name in this technology many R&D are studying blockchain right now.

Fashion industry is the glamour they make trends and promote it in the society
people look up to the fashion industry for what is going on around. So they have to look modern and classy also it depends on the owner interest too - if the owner is interested in crypto - they will surely promote it.

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Quote from: $anounimus$ on July 23, 2022, 09:59:47 AM

ICOs often get a bad rap in the media and over-regulation is bound to come, but here we see a clear use case and legitimate implementation of blockchain technology. This is not an outright taking of money by those who have invested in ICOS, but a real investment in creating a safer future for all of us involved in the fashion industry. very interesting.

Fashion is a glamorous world and they want everything skip and span.
So adding bitcoin to their purchase will show they are ahead and more modern - so nothing special many website are boosting that they offer bitcoin purchase too.

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ICOs often get a bad rap in the media and over-regulation is bound to come, but here we see a clear use case and legitimate implementation of blockchain technology. This is not an outright taking of money by those who have invested in ICOS, but a real investment in creating a safer future for all of us involved in the fashion industry. very interesting.

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Quote from: wmaurik on July 22, 2022, 01:49:18 AM

On the one hand it is. Because basically they both have their respective advantages where crypto users can buy famous fashion brands using their cryptocurrency assets and also cryptocurrencies will become easily famous with such interactions at this time. Because it can also encourage more people to find out about blockchain technology that can provide benefits and financial freedom for every user.

Blockchain to be used as a "this is an original and not fake" is not something that would gain any brand price. I mean if you have a bag that is from louis vitton or whatever, would you really whip out an app and show your friend it's an original? That would be a rude move, it would actually get you disliked more than using a fake one, if you do not have the money for it but want to get it, you get a fake one.

I can respect that, it's understandable, who would pay thousands of dollars to a bag anyway, you gotta be super wealthy. But, if you end up showing off with the blockchain tech, that's disgusting to me. Hence, it is not a good move, it's totally a wrong move for sure.

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Quote from: virasisog on July 16, 2022, 12:58:39 PM

Adaptions like this, especially a famous fashion brand has a huge impact on the crypto industry. It could spread awareness, especially for people who still aren't aware of the function of cryptocurrency and how it works as a mode of payment. It will also be an advantage for crypto users who want to purchase brands using their crypto assets. It's a good thing that blockchain technology has been developing and emerging continuously.

On the one hand it is. Because basically they both have their respective advantages where crypto users can buy famous fashion brands using their cryptocurrency assets and also cryptocurrencies will become easily famous with such interactions at this time. Because it can also encourage more people to find out about blockchain technology that can provide benefits and financial freedom for every user.

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Quote from: Kelvinid on July 18, 2022, 06:06:35 PM

It is just about to say that blockchain technology doesn't just evolve in the cryptocurrency alone but it is somehow valuable and helpful in other areas as even shipping companies are already adapting to this.

With this integration, we come to think that it takes time for people to understand how it works and the time has come it was then appreciated and it works great. Fashion industry is huge which means that this could give a huge impact on blockchain and even encourgae others to try using this application.

Huge impact or not but its better rather than have nothing right? We do really need recognition and adoption which this crypto space is really going or heading even though there's soo much negative inputs and
impressions around not only came from the government but also in other people as well where they do have that bad views and impressions towards blockchain technology but sooner or later where they able to see such utility and relevance not only on easing up overall processing and efforts of a certain industry but rather making it more transparent which i couldnt really say that it would really be bad on any aspect.
They should see that advantage and possible relevance of its existence even though it might not getting much as of this moment but sooner or later they will.

Topic: Fashion Brands uses Blockchain Technology (Read 670 times)