VeChain (VET) is an effective platform that aids organisations in overcoming data difficulties. By utilizing cutting-edge technology like distributed governance and the Internet of Things (IoT), it builds a network that supports numerous international industries while pursuing sustainable development objectives.

VeChain has already demonstrated its potential to boost productivity, traceability, and transparency in data trails, supply networks, and distinctive ecosystems. The platform's Blockchain-as-a-Service (BaaS) one-stop shop for data is called VeChain ToolChain.

To offer transparency and traceability to the apparel industry, this approach can be applied to the textile industry. Businesses may track numerous factors such as origin, cross-border operations, and the full production process using the validated traceability templates that VeChain provides. These templates have been demonstrated to be useful and may be altered to meet various corporate requirements.

A novel service that determines and displays the carbon footprint of digital goods was introduced by VeChain in August 2021. This novel approach blends software-as-a-service (SaaS) commercial principles with blockchain technology. It enables textile suppliers to demonstrate to consumers and downstream brands how sustainably made their clothing is. Customers can quickly recognize enterprises who care about the environment by utilizing blockchain-endorsed labelling, which boosts sales and creates a greener world.