Crypto coins news article A new kind of blockchain has been unveiled by blockchain startup Bancor, which has partnered with an Italian clothing maker to build a way to use the technology to produce high-end garments.
In a blog post published Tuesday, the company said the Bancors’ new project, called FabricBag, is a system that can be used to quickly and easily convert garment tags, fabric washing symbols and leather garment bags into cryptocurrencies.
FabricBag can also convert those tags into digital currency for customers.
The tags can be created and edited with ease.
Bancor has partnered up with Italian fashion house L’Occitane, which will create a blockchain-based system to create and edit garments, according to the company’s blog post.
Bond is the technology behind the fabric bag system, which is also the basis for the B-tag system.
L’occitane will be the first major Italian brand to use Bancers FabricBags.
B-tags are the most common type of fabric bag in Italy, used by most garment companies.
The tag can be easily converted into a digital currency called Fiat currency using a blockchain technology called Ethereum.
The company’s FabricBagged platform is available for download on Bancorp’s website.
The system uses the BnkToTheFuture technology, which allows the tag to be digitally signed, the BNkTo the Future team said in the blog post, noting the project is not a security solution.
The FabricBattag system can also be used for custom garment bags.
It can also store clothing tags, fabrics, leather and even custom leather products in a single transaction.
Battleship’s first foray into the fashion industry was with the first prototype of the fabric tag system for the Italian brand Dior.
It also helped bring FabricBagg to life.
L’Occita is also collaborating with a company called FabriciLara to build an open platform for FabricBaga to be used by any clothing brand to build their own unique branded fabrics, said Alessandro Calcaglia, chief executive of L’Oreal Italy.
The L’ Occitane brand, which also makes clothing for brands such as Gucci, Zara, Ralph Lauren, and Prada, is building its own FabricBagi system that is currently in testing with L’Ascoli.
FabricBagan is being built for L’Onion’s brand and will be ready to ship later this year, Calcagnlia said.
Fabrics are also being added to the FabricBagar platform as early as this year.
Barcre’s Fabricbag system was initially built for use in clothing stores, where brands like L’Oréal, H&M, Gucci and more often sell their goods in larger, more traditional retail locations.
The FabricBbag system has since been adapted to make it possible for consumers to quickly convert clothing tags into Fiat currency, said L’ Oreal Italy chief executive Paolo Cagioni in a statement.