Lenzing: New blockchain-enabled traceability ...
Lenzing

New blockchain-enabled traceability platform

Lenzing

Since 2019, the producer of cellulosic fibers, Lenzing AG, Lenzing/Austria, has been using the blockchain technology powered by the start-up company TextileGenesis, Hong Kong/China, to ensure the traceability of textiles from fiber to production and distribution.

After several successful pilot projects, the digital platform for blockchain-enabled supply chain traceability, TextileGenesis, was launched on November 5, 2020 for the lyocell fiber Tencel and viscose fiber Lenzing Ecovero. The platform provides customers and consumers with an overview across the entire textile supply chain.
A follow-up of a 12-month pilot program and field trials with 4 leading sustainable brands and supply chain players from 10 countries in 3 regions, the global roll-out of Lenzing’s traceability platform will be conducted in phases.
One of the core components of the platform powered by TextileGenesis is integration with the Lenzing E-Branding fabric certification system, which allows brands and retailers not only to access the full supply chain traceability for Tencel and Lenzing Ecovero branded fibers but also to view the results of forensic (physical) verification of fabric samples via the digitally signed Lenzing E-Branding fabric certificates.
Through using the innovative Fibercoin technology of the TextileGenesis platform, Lenzing and other brand partners are now able to issue digital tokens (blockchain assets) in direct proportion to the physical shipments of fibers. These digital tokens provide a unique “fingerprint” and authentication mechanism, preventing adulteration, providing a more secure, trustworthy, digital chain-of-custody across the entire textile supply chain.

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