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H&M subsidiary Arket is testing blockchain tracking with VeChain
2018-11-14T13:30:17Z - Mix / The Next Web
H&M in-house brand Arket has confirmed it is testing a new product integration powered by blockchain technology developer VeChain. In an email to Hard Fork, an Arket spokesperson said the clothing store has been running a minor blockchain implementation to trace product data in a secure manner. The H&M subsidiary did not clarify how widely it is testing the solution – or in which locations. “Arket has done a small Proof of Concept (POC) through a pilot testing with VeChain to use blockchain technology to secure product data traceability in the value chain,” the spokesperson told Hard Fork. “The test is ongoing and has not yet been evaluated,” Arket told Hard Fork.

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