Blockchain

VeChain Brings Canadian Sustainable Apparel, Frank And Oak, To Its Asian Customers via Its Notable Utility

Frank and Oak, a Canadian Sustainable Apparel, has showcased a new collection traced by VeChain (VET), the leading enterprise blockchain platform, for the first time in Asia.

The new development was shared with the community via the official Twitter handle of VeChain Foundation a few hours ago. According to the report, the Montreal-based fashion brand has opened a new store in Shanghai and currently showcasing a sustainable yak wool collection traced by VeChain in the new store.

Read Also: VeChain Solutions Gain Notable Adoption in the U.S. Fashion Market via Latest Partnership with Deadstock

It’s worthy of note that the notable utility embedded in VeChain blockchain made the feat seamless for Frank and Oak, as it quests for expansion.

VeChain Foundation tweeted, “The Montreal-based fashion brand Frank and Oak just opened a new store in Shanghai. Sustainable yak wool collection traced by VeChain demonstrates its ethical production process. $VET brings the Canadian green breeze to its Asian customers.”

Read Also: VeChain Dev: We Are Working On Final Steps to Make PoA 2.0 Phase 1 Ready Before October Ends

The blog post captioned in the announcement says Frank And Oak opened its first store in Asia, located in Shanghai, on 1st December 2021.

The new opening collection highlights Frank And Oak’s most iconic winter products made with sustainable fabrics and processes, which include their unique yak sweater and accessories collection that uses yarns and processes traced by VeChain.

Major Reason Why Frank And Oak Chooses VeChain

The yak wool provider, Frank And Oak’s chose VeChain blockchain due to the increase in the demand for deep and accurate upstream supply chain data.

The fashion brand also noted that using blockchain as the foundation to build an ecosystem of sustainable manufacturers provides brands an easier way to become more sustainable and reach climate change targets.

Read Also: Analyst: VeChain in the Process of Retesting Daily MA50, Last time It Occurred, VET Recorded Over 90% in About 1 Month

The blog post reads in part as follows:

“On the one hand, VeChain’s ready-to-use blockchain product benefits upstream providers by easily collecting supply chain data and managing production evidence. On the other hand, by leveraging the data visualization module of VeChain’s product, just like what VeChain has done for H&M, COS, and now Frank And Oak, downstream brands are then able to better communicate their sustainability efforts directly to their consumers.”

The firm also acknowledged VeChainThor Blockchain as one of the most sustainable L1 smart contract platforms in the industry.


Follow us on Twitter, Facebook, Telegram, and Download Our Android App

Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

Recent Posts

From Presale to Potential: Why Qubetics ($TICS) Could Revolutionize the Crypto Space in 2024 Alongside Binance and Render

Cryptocurrencies have flipped the script on traditional finance. Whether it’s investments, tech innovation, or reshaping…

4 hours ago

Binance Suspends XRP Withdrawals. Here’s the Cause

Binance, the world’s largest cryptocurrency exchange by trading volume, has temporarily halted XRP withdrawals, citing…

8 hours ago

XRP Hits $1.15, Market Cap Surpasses $65 Billion As XRP Targets 3rd Position

Today, November 16, XRP attained a key benchmark after reaching $1, marking a significant moment…

11 hours ago

Top Exchange Announces SHIB Giveaway. Here’s How to Qualify

In a strategic move to expand its presence in the French cryptocurrency market, Cayman Islands-based…

16 hours ago

Invest Wisely: Best Crypto to Buy Now for Maximum Returns

The crypto market offers a golden chance right now. Major coins show strong recovery signals…

16 hours ago

Top Analyst Shows Unique Way for XRP to Hit $33

A recent analysis by prominent cryptocurrency analyst EGRAG CRYPTO (@egragcrypto) shed light on the potential…

16 hours ago