blockchain

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

According to Convergence, the goal of the project was to test a connected and sustainable cashmere value chain using Backbone, an Ethereum-based traceability platform.

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

istributed nodes and decentralization can help advance important social outcomes with credible partners.

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.”

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 this article promotes #technology-evangelism in describing efforts to scale up the use of #blockchain in #development .

blockchain Blockchain technology can improve the #traceability of cashmere. More broadly, it is linked to an approach in which sustainability is defined as a technical problem (i.e., one that is amenable to technical solutions) and to an association of advanced technology with development. “A pilot with technology provider Covergence.tech used Ethereumbased blockchain technology to interact with over 70 different herders and 8 cooperatives.” (Huang, 2019, p. 3) 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.