OTB, the international fashion and luxury group that owns brands like Jil Sander, Maison Margiela, and Marni, announced Wednesday that it will provide blockchain-based digital authenticity certificates for all products from those labels starting with the Fall/Winter 2024/2025 collections.
The certificates utilize blockchain technology and an NFC (near-field communication) chip embedded in each garment or accessory. This allows customers to verify a product's authenticity by scanning the chip with their smartphone, accessing a tokenized certificate that’s stored as an NFT on a blockchain network.
"This is an important advance in the OTB innovation process, because it enables us to guarantee greater transparency, new ways of interaction, and an increasingly high-profile experience for our luxury brands' clients," said Stefano Rosso, Marni CEO and a board member of the Aura Blockchain Consortium, in a statement.
decrypt.co