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IOTA enters the Supply Chain Business with Alyx

Related Keywords: Alyx, blockchain, clothing, DLT solution, fashion, Garments, IBM, IOTA, Jaguar, Textile

IOTA’s Tangle and Origin trail’s ODN is being used by luxury fashion brand Alyx to track its garments supply chain.

Alyx customer can use a mobile application to scan QR codes and access every information of their purchase.

DLT solution backed by the blockchain aims to further enhance transparency between manufacturers and customers.

Alyx, a colossal name in the luxury fashion industry, recently announced their partnership with IOTA and that they will be using IOTA’s very own blockchain called ‘Tangle” to track their opaque garments supply chain.

Teijin anticipated it's automotive composite business sales to reach around EUR 1.7 billion by 2030

Related Keywords: and glass mat thermoplastic (GMT), automotive capabilities globally, automotive platform, BMW, carbon fibre, carbon fibre SMC, Continental Structural Plastics, direct long fibre thermoplastic (D-LFT), heavy truck industries, Inapal Plasticos, including sheet moulding compound (SMC), Jaguar, Land Rover, Mercedes, prepreg compression moulding (PCM), processes, Teijin, Teijin Carbon Europe, Volkswagen and Bentley

Teijin has committed to expand its automotive capabilities globally, following the acquisition of CSP in 2017. Technology developments include Sereebo, the world's first mass -production technology for carbon fibre reinforced thermoplastic (CFRTP), and in Europe, TENAX Part via Preform (PvP). Developed by Teijin Carbon Europe, the group’s core carbon-fibres business, PvP is a material process technology that enables the efficient production of thermoset carbon fibre-reinforced plastic (CFRP).

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