The same technology that powers the DasCoin blockchain will be used to develop a new blockchain, built on DasNet, to provide the fashion industry with a cost-effective way of safeguarding designs and authenticating genuine products. Similar platforms for other industries will also be developed in the future.
DasCoin CEO Michael Mathias used the opportunity provided by the regular NetLeaders Weekly Webcast (Wednesdays at 1600 CET) to reveal some of the details around a small private event at the top of the Eiffel Tower sponsored by DasCoin. It will take place on March 26.
The event will feature a fashion show by a world renowned fashion designer known for his fusion of fashion and technology, and further detail will be revealed about how designers will be able to utilise DasCoin’s cutting-edge ultra-efficient blockchain technology to protect their work.
Michael said: “Because of our very efficient blockchain technology we are the most cost-effective operation. We are reaching out to a number of industries and offering them solutions and the first of them happens to be the fashion industry.
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“There are music-related solutions that are coming, entertainment, film, sports... a lot of stuff is coming. Then there's the true industry blockchains too: insurance, the whole supply chain world, an immense amount of solutions is coming.
“This is just an event for us as an ecosystem to reach out to the fashion industry leaders and let them know about protecting creative works and also for providence, which is confirming the origination of design products to make sure they are really authentic.
“There are some really interesting solutions that will be happening on March 26 and we will share more information on that.”
Read more about the future-proof strengths of the DasCoin blockchain via our blog plus our plans to release the codebase onto GitHub.