New Thinking about Blockchain in the Fashion Industry

Authors

  • Xingqiu Lou Washington State University
  • Trevor Little North Carolina State University

Abstract

Blockchain is a relatively new and emerging technology that can be considered as a digital, decentralized and distributed public ledger that records data, tracks transactions and updates information. The majority of blockchain research has been conducted on bitcoin or other cryptocurrencies. Recently, however, researchers have recognized blockchain’s potential in other areas, including supply chain, smart contract, healthcare, the Internet of Things, education, privacy and security and data management. Blockchain technology offers a system of recording information in a way that makes it nearly impossible to alter or hack. The concept of blockchain technology is already starting to be applied in the fashion industry. While Blockchain finds many applications related to sustainability, the view expressed in this paper relates more to product attribute information. In this research, a Blockchain model is developed to map out the future fashion supply chain from a product attribute perspective.

Author Biographies

  • Xingqiu Lou, Washington State University
    Department of Apparel, Merchandising, Design and Textiles
  • Trevor Little, North Carolina State University
    Department of Textile and Apparel, Technology and Management

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Published

2021-05-20

Issue

Special Issue: Emerging Issues in Management and Marketing for Textiles and Apparel - Part 1

Section

Peer Reviewed Article

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