According to Tencent Technology, On April 12th, Aliyun released a new blockchain solution which supported Luxury Pavilion, a luxury platform with the blockchain based luxury goods source tracing functions. The program was designed to further help establish and expand the ecology of luxury supply chain applications. With Aliyun's blockchain technology, Luxury Pavilion of Tmall would record the product information of raw material production, circulation, and marketing to the blockchain, so that each piece of information of the brand had a unique blockchain ID. This ID, together with the digital signature and time stamp could help consumers query and verify. In the future, consumers only need to find a purchase order on the Luxury Pavilion, click on "one-click traceability" or directly scan the product's tracking code to see the corresponding blockchain code, understand the origin of the product, customer would also check the custom declaration, import time and other information.
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