Clothing Company Reveals World's First Blockchain-Based Traceability System

On July 5th, 2018, in partnership with KALTENDIN, high-end Chinese clothing brand, Waltonchain introduced the WTC-Garment System- the world's first blockchain-based, clothing authenticity traceability system.

Waltonchain is a Chinese based cryptocurrency company focused on creating.

Their first initiative combines RFIDtechnology with retail supply chains to improve traceability and data collection.

"Data is one example. Data collection may not be charged by the company; instead, it is determined by the user who buys the company's products. Still, the company can make a profit from hardware, chips and various 'blockchain +' smart sensors. In this way, we can become the blockchain industry unicorn."

WTC-Garment is an attempt at disrupting a historically low-tech industry: clothing.

There is little application and use of data in this area, mainly because standardized data collection has always been difficult.

Clothing stores will be able to monitor bestsellers, the frequency at which clothing is tried-on, and many other data points to help in creating more effective sales strategies.

According to the introductory video released on July 5th, Waltonchain will also be focusing efforts on the implementation of the production, storage, and store management system for Chinese apparel company KALTENDIN. In addition to informing customer interactions, The RFID chips will be key in tracking clothing shipments and ensuring production quality.

It is unclear when WTC-Garment will be fully deployed, but it is the first public blockchain company to develop significant partnerships in the retail space.

Order to store and retrieve data from the side chain, WTC will be required.