US Cotton Trust Protocol Boosts Transparency with TextileGenesis | Garment Industry News
The US Cotton Trust protocol joins the TextileGenesis platform
The US Cotton Trust protocol says its cotton will become the world’s first sustainable cotton fiber to be tracked through the TextileGenesis platform.
TextileGenesis is a supply chain traceability platform for the fashion and textile industry, enabled by blockchain technology. Its Fibercoin traceability technology creates real-time traceability at the item level, from fiber to retail.
In combination with the existing protocol platform, developed by Memphis-based technology partner The Seam LLC, the TextileGenesis platform will allow the Protocol Credit Management System (PCMS) to record and verify the movement of US cotton fiber throughout the process by capturing and verifying item-level transactions between multiple participants throughout the supply chain.
Upon receipt of their finished products, the Trust Protocol brand and retail members will be able to claim protocol credits, digital tokens equivalent to the physical cotton produced under the program, and make corresponding claims related to environmental measures and sustainable practices. adopted by the participant trust protocol. the producers.
The collaboration comes as the US Cotton Trust Protocol says it recognizes the growing importance of increased supply chain visibility to brand members and retailers.
“Today, having a holistic view of every step of the supply chain is imperative for brands and retailers,” says Dr. Gary Adams, president of the US Cotton Trust Protocol, adding that the partnership aims to establish a new standard for more durable and traceable cotton. production.
Amit Gautam, CEO and Founder of TextileGenesis, adds: “We have designed our platform to take advantage of the latest technologies and industry-specific best practices, with a strong emphasis on solid data methodologies. focusing on robust data and the strength of its verification practices, creates a powerful solution for brands and retailers around the world in their pursuit of more sustainable fibers and increased visibility in their supply chains. “
The collaboration will result in initial pilot trials with selected brands and factories in early June 2021, with full PCMS deployment slated for early 2022.
The Trust Protocol announced its membership in the Sustainable Apparel Coalition (SAC) earlier this month.
Since its launch in 2020, The Trust Protocol has welcomed more than 300 member brands, retailers, factories and manufacturers. This includes Gap, Inc and its collection of focused lifestyle brands.
The top ten U.S. factories signed up to the trust protocol in December, followed by the top Latin American-based factories earlier this year.
Last year, just-style spoke with Dr Gary Adams about how the initiative is developing to help brands and retailers better track the environmental impact of cotton entering their supply chains: set a standard for more sustainably grown cotton.