Global Textile Traceability Solution Aware claims that by utilizing primary data and a public blockchain in its crypto TC solution, it has rendered TC audits obsolete. This will “change the game in textile traceability,” according to Aware.
According to Aware, Digital Product Passports (DPP) are frequently viewed as the new solution to nail traceability. However, the majority of DPPs rely on data that is based on duplicate transaction certificates, which puts the same amount of pressure on suppliers in the form of costs, audits, and inefficient paperwork.
Because of the lightning-fast pace at which technology has advanced over the past few decades, the world has also become more open and more accessible to track. However, supply chains need to be more transparent; this is true even for the brands and the suppliers. As a result, consumers cannot expect them to be okay. The core of the textile industry is dependent on private databases. Still, public blockchains are a solid solution for doing mass balance and are already being used in other sectors for the same reason.
Aware asserts that its soon-to-be-released textile traceability technology outperforms conventional TCs in every category, including speed, effort, transparency, traceability, trust, human errors, and price. This is accomplished by connecting the physical world to a digital one using a public blockchain, in contrast to the method by which mass balance is achieved.
All of the TC audits are rendered moot if a physical tracer is inserted into the fibre at the source and primary data is linked to a public blockchain. Because each supplier in the chain checks the material exchange before it is completed. The data is immediately recorded onto the blockchain, which is the location where the crypto TC is generated and which, collectively, constitutes the DPP. Crypto TCs are unable to be altered in any way, can be generated instantly, are freely accessible to the public, and do not cost anything. A conventional TC can take several months, information is kept in confidential databases, and suppliers are charged on a per-TC basis.
Koen Warmerdam, co-founder and brand director of Aware, provides the following explanation: “Today, the industry has a simple solution to a very inefficient and complex process for certifications.” Both the brands and the suppliers are interested in having a genuine impact as well as being noticed. Through the use of our blockchain solution, we make the process of tracing transactions as simple and dependable as sending money from your phone.
