Luxury brands use blockchain to promote product transparency
The Hindu
The companies will use blockchain to match product ID with client ID, enabling customers to access product history and authenticity by tracking manufacturing process right from raw materials stage to the point of sale
(Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) A consortium of luxury brans like LVMH, Prada and Cartier have come together to use blockchain to share information about their products’ authenticity with customers. The move aims to streamline sourcing and categorise goods in a single, digital format, according to LVMH. The brands will use blockchain to match product ID with client ID, enabling customers to access product history and authenticity by tracking manufacturing process right from raw materials stage to the point of sale. The infrastructure will consist of a chain of secure, non-reproducible, digital blocks. The private blockchain will be secured by ConsenSys technology and Microsoft.
Flight six of Starship was seen as a test of whether SpaceX’s first booster catch was pure precision or relied on a stroke of luck.
Discover the fascinating science behind how a pencil writes, from carbon atoms to condensed matter physics explained concisely.
North American cicadas have life cycles that last for prime numbers of years, putting pressure on the idea that humans created mathematics.
Stationary objects balance on a wide base due to gravity, while moving vehicles balance due to forward force.
The Ministry of Defence expects the MoA to enable the two organisations to access testing facilities available with each other for mutual benefit.
Research has uncovered the transmission of pathogens between managed honey bees and wild pollinators, a process called pathogen spillover and spillback
Podcasts have become our best friends, especially during the Covid-19 pandemic. Whether you are cooking, sketching or going on an evening walk, there is a show that matches your mood. From horror tales to informative conversations to just two friends talking about anything & everything relatable, podcasts have become a part of our lives unknowingly. Over the years, more voices have joined this audio landscape and filled it with stories that resonate with our lives. Podcasts serve as a reminder that everyone has a story worth telling and listening to!
CSTEP study shows Bengaluru needs 36,000 EV charging guns, 400 stations by 2030, with potential impact on grid.
A nuclear fusion reaction can generate more energy than it consumes, but the technologies to harness it to generate electricity continue to stay out of reach.
BMW has introduced the new M340i xDrive, a high-performance sedan combining strong design, advanced technology, and the capability for thrilling drives.
This week’s Sci-five quiz is on semi-conductor.