Louis Vuitton’s conglomerate bringing Ethereum-based blockchain technology to luxury fashion

ConsenSys entered into a partnership with LVMH and Microsoft to launch a new blockchain platform tailored for the luxury industry. The consortium, named AURA, will be based on Ethereum blockchain technology and utilize Microsoft’s Azure platform and enable customers to prove the authenticity of their goods.
Blockchain penetrates the luxury fashion industry
Two of the biggest players in tech, one in blockchain, the other in software, have partnered with LVMH, the biggest luxury goods conglomerates in the world, to bring blockchain technology to the luxury industry.
In a press release shared with CryptoSlate, ConsenSys

This post is an exerpt of an original post published on Crypto Slate. All copyrights about images and text belong to their respective owners.Click the above button to read the original post.