TrusTrace

Reference number
Coordinator Swin Technologies AB
Funding from Vinnova SEK 2 000 000
Project duration November 2018 - November 2020
Status Ongoing
Venture From linear to circular
Call FashionTech Food Tech

Purpose and goal

The objective is to develop a digital platform that combines our Blockchain based product traceability solutions with circularity modules (addressing various actions across value chain) to provide cost-effective, reliable, one-stop-solution for businesses and consumers to easily transition from linear business models to more circular models. The project would demonstrate that by leveraging latest blockchain, AI/ML, crypto-tagging technologies, we would be able to transform the fashion industry to be more circular, by increasing cooperating among stakeholders in fashion

Expected results and effects

By (i) significantly decreasing the cost of uniquely identifying and tracking garments (ii) increasing access to knowledge on circular design (iii) increasing collaboration ability of stakeholders for new business models, the platform will drive responsible production and consumption. Our offerings such as - Circular design suggestions, automated sorting, Life-cycle management support - recycling/repair suggestions, supply chain transition analysis, enabling Garment as a Service will increase the contribution of circular business models from 1% to 25% by 2030

Planned approach and implementation

Solution will be developed in modular, scalable way building on the learning from our market interactions as per a continuous improvement project plan. First module enables brands to analyze their AS-IS circularity state will be made available by August 2019. Garment Identification System that integrates our blockchain, crypto-tags and circularity profile will be release by February 2020. Solution modules that enable Garment as a Service will be made available by the end of August 2020. Based on the learning we aim to publish a “Guide to circularity - using Digital Tools” by Dec’2020

External links

The project description has been provided by the project members themselves and the text has not been looked at by our editors.