Blockchain and AI Technology Introduced to Fashion Market by Silkroad

SLK Road
silkroad_eng
Published in
2 min readSep 7, 2018

Hello! Fashion crowdfunding Silkroad here!

On the 2nd of September an article about Silkroad called “Blockchain and AI Technology Introduced to Fashion Market” was published.

(Image source — Unsplash)

We present you a short version of the original article, that was published in Korean. Please follow the link at the end to read the original.

Attempts to integrate ICT technology into traditional industries continue. Projects are underway to reduce costs and increase sales by integrating ICT technologies in the manufacturing, telecommunications and distribution sectors.

Stitch Fix, a US apparel shopping mall, is introducing artificial intelligence (AI). Stitch Fix, which is called Netflix of apparel line, recently opened a concept store in Hong Kong with Alibaba’s Fashion AI.

Based on the data entered by the consumer, the outfit is recommended. Because it uses AI algorithms to style clothes that fit the customer’s taste and body shape, there is no common outfit model like in shopping malls. There are only clothes photos by category such as men, women, children.

The first attempt to promote a blockchain-based fashion platform is also eye-catching. SILKROAD, a domestic blockchain startup, will promote the ‘Silkroad Fashion Platform’ project that connects manufacturing, distribution and consumers based on data and blockchain technology.

Source: Etnews (http://www.etnews.com/20180831000151)

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