Sep 15, 2019 at 09:38
Could Blockchain Transform The Italian Textile-Fashion Industry?
One of the most state-of-the-art projects established by Italian fashion remains held in the shoals of politics. The blockchain project of the textile supply chain, rolled out last winter by the Ministry for Economic Development (MiSE), to which Sistema Moda Italia (SMI) is also collaborating together with International Business Machines Corporation (IBM), an American IT company, chosen as its technological partner, has actually hopped some strategic steps. And now it remains tentatively on standby, the time variable being a central factor for the success of this technological standard.
Aug 07, 2019 at 10:29
Lenovo, Nokia, Vodafone to Use IBM’s Blockchain TYS Project
The United States (US) technology giant IBM has rolled out a new blockchain project dubbed Trust Your Supplier (TYS) and multinational firms including Anheuser-Busch InBev, the UK global pharmaceutical firm GlaxoSmithKline (GSK), US technology company Cisco Systems, Schneider Electric, British telecom conglomerate Vodafone, Chinese tech firm Lenovo Group Ltd and Finnish international telecom, IT & consumer electronics firm Nokia Corporation are willing and able to use and implement this service.
May 10, 2019 at 14:08
Blockchain Strengthens Protection of Made in Italy Products
The MiSE has partnered with SMI and IBM to design a blockchain project that will trace a product through every phase of production. Initially, the trial project will be supported by 30 companies and this number is expected to grow. The fashion industry will benefit from using the new technology most of all.
6 Major Reasons Why Decentralized Projects Fail
Many decentralized projects tend to fail a few years after their inception for a multitude of reasons. Those who want to participate in the decentralized economy should find the right project or join a trusted team involved in the decentralized field. This will save you time and prevent you from being stressed in the short and long terms.
Blockchain to Protect Made in Italy Products From Counterfeit
A pilot blockchain project set to provide products of Italian textile industry with a traceability feature, which will defend the Italian brand, has been presented by the Ministry of Economic Development (MISE) on March 13. The fintech initiative is planned to become a role model for all other industries manufacturing Made in Italy products.
Blockchain in Italy: Banking Institutions Switch to Fintech
The financial banking institutions in Italy must change to blockchain decisively because a conservative reaction, targeted at minimizing technological developments and limited to just meeting compliance obligations, may not guarantee endurance in the market. Carmelo Barbagallo, head of supervision in Bank of Italy, revealed on Feb 8, 2019 in Napoli, Fasi reports.