EON Digital ID Platform helping to move towards a Circular Economy.

Dharmen Hariprashad #dh2733

  1. Sustainable Problem: Apparel Industry waste and carbon emissions from apparel production.
  1. Technology: EON Circular ID protocol. 

https://www.yahoo.com/lifestyle/eon-connected-fashion-network-ready-050112189.html

  • The circular id protocol will provide a digital identity that lives with an individual garment throughout its life cycle. The digital ID can be linked to the product through technologies such as RFID, NFC, QR code or UPC barcode. It would provide access to information such as materials, origin, authenticity, price, style and recycling instructions that stay with goods throughout their life.
  • Customers on the Eon Platform can use Eon’s mobile application to scan products using radio-frequency identification, near-field communication or QR codes Customers are able to unlock services and amenities like styling insights, material content, instructions for resale, sustainability credentials, services for rental peer-to-peer sharing.
  • The technology would allow garments to be “checked in” and authenticated at a reseller or recycling facility, and easily transferred between owners. It would be a real-time snapshot of the individual garment. 
  • The technology is also designed to help re-commerce companies scale and to inspire new business models that let fashion brands participate in the resale of goods.Besides helping to move us towards a circular economy this technology can help to create transparency by holding brands accountable for their sourcing practices.Consumers would be able to see if brands are using ethical standards to produce their goods. 
  1. Stakeholders
  • Retailers
  • Apparel Rentals
  • Brands
  • Apparel Manufacturers
  • Resale Apparel Vendors
  1. Implementation
  • Create partnerships with Brands and resale vendors/ peer to peer sharing
  • Engage brands to use the platform for resale
  • Educating customers on how to access the information for the specific garment.

Other Sources:

https://www.voguebusiness.com/technology/circular-id-eon-sustainability-blockchain

One thought on “EON Digital ID Platform helping to move towards a Circular Economy.

  1. Thank you for sharing! This is very cool. It also hit home for me since Nanushka is actually owned by a family member of a friend of mine. It’s exciting to see brands from a small country like Hungary is able to make the headlines! This technology will certainly motivate brands to become more sustainable as well as validate whether certain green practices advertised by a company are true. My one question would be will adopting this platform increase the costs of the garment in any way?

    Like

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