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26/01/19 07:00 UTC-4

Levi Strauss will use blockchain in their factories

Levi Strauss decided to use the blockchain in the factories to
Levi Strauss decided to use the blockchain in the factories to "improve the welfare of workers"

Harvard University, Levi Strauss & Co., and the American analytical center New America will explore the blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
as "a means of improving employee welfare," as reported by CoinDesk.

On January 24, analyst firm New America announced that the US State Department had allocated $ 800,000 for a pilot blockchain-project to monitor the working conditions of workers in factories.

 

Blockchain for Levi Strauss

As it became known, the first phase of the project will be launched in the second quarter of 2019. A test version of the program will work for the "anonymous and secure" verification of three Levi Strauss factories in Mexico.

The blockchain application will monitor and investigate the working conditions in factories, monitor the health status and level of financial well-being of employees.

From the statement of New America, the blockchain-project will be developed by Ethereum ConsenSys. The basis for the assessment was the Welfare Index of the Harvard T.H. Chan School of Public Health, and the Sustainability and Health Initiative for NetPositive Enterprise (SHINE).

Dr. Eileen McNeely, director of SHINE, commented on the innovation. According to her, most blockchain projects use cases to track supply chains or focus on tracking materials. In her opinion, creating a solution to monitor the living conditions of people is "an exciting innovation with a wide potential for a positive impact on the well-being of workers around the world."

Levi Strauss will use the blockchain in the factories to "improve the welfare of the workers". Recall that last week as part of a similar development, IBM announced two separate supply chain projects built on the Hyperledger Fabric blockchain-platform.

Editor: Pereyidenko Ihor

See also: "The upcoming release of the Samsung Galaxy S10 with the "Samsung Blockchain Keystore" application"

#blockchain #LeviStrauss #New America #blockchain #study #factories #Mexico

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