Annotations - blockchain

  1. A pilot with technology provider Covergence.tech used Ethereumbased blockchain technology to interact with over 70 different herders and 8 cooperatives.

    The latter part of the article outlines the pilot, whereby herders used RFID tags and an Android app to label their cashmere bundles. See also the Convergence.tech report.

  2. blockchain technology would help highlighting producers who are following sustainable practices.

    Beyond traceability in a technical sense, this initiative constitutes a sort of #branding at the individual level.

  3. The nomadic community is one of immense pride but one with a volatile and unstable income,” said Convergence.tech CEO Chami Akmeemana. “Leveraging blockchain technology within the transformation of the cashmere industry can provide numerous benefits for Mongolian herders, buyers, and sellers alike.”

    (in the "transformation" of the industry)

  4. Traceability and corporate social responsibility are also at the core of Cashmere Flakes’ business model. The brand sources its cashmere fibers directly from the Nomad Herders Cooperative, the members of which comply with the code of conduct developed by the Swiss International Cooperation, and every fiber used is currently tracked by block chain

    *SDC, Sustainable Fiber Alliance.