February 22, 2024

The authenticity of New Balance sneakers can be traced through the Cardano blockchain.

IOHK CEO Charles Hoskinson has announced a partnership with the New Balance brand, thanks towhich product authenticity can be tracked through the Cardano blockchain.

Hoskinson said that Cardano and New Balancewill launch a global program to verify the brand's clothing and footwear. That is, any pair of sneakers can be tracked using the blockchain. At the same time, ADA tokens are not planned to be used.

Universities of Switzerland and Malaysia announced earlierabout using blockchain to authenticate certificates of higher education. Moreover, in Malaysia, launched a national diploma authentication program.

In addition, the Australian winery Penfolds uses the VeChain blockchain platform to verify the origin of wine, and William Gran & Sons usesBlockchain to track the whiskey supply chain.