# VeChain Supply Chain Transparency for Luxury Goods and Logistics

> VeChain uses VeChainThor blockchain technology to create transparency and traceability in global supply chains. The solution is already implemented in production environments with partners like Walmart China, BMW and LVMH and has processed hundreds of millions of transactions for enterprise customers since 2015. By combining blockchain technology with IoT sensors, companies can seamlessly document every step of their supply chain and protect against counterfeiting.

**Sector:** Secondary sector · **Industry:** Textile and clothing industry · **Organisation:** VeChain, Givenchy, H&M (COS) · **Maturity level:** Production

Canonical URL: https://www.sapientblock.com/en/use-cases/vechain-mode-lieferkette-komplett-offenlegen

## Documentation status

- **Project status:** Production
- **Evidence:** Evidence high
- **Editorial review:** Ufuk Avci, 15 April 2026

## Description

VeChain (Singapore, CEO Sunny Lu) is an enterprise blockchain focused on supply chain transparency. In the fashion sector, collaboration began in 2018 with H&M subsidiary Arket to verify the organic manufacturing process of wool hats. In 2020, H&M label COS integrated VeChain Toolchain for comprehensive supply chain traceability.

VeChain uses two tokens: VET (governance/value transfer) and VTHO (gas for transactions). The Toolchain system is enterprise-ready: companies can assign QR codes or NFC chips to their products; every movement in the supply chain is documented on-chain; customers scan the tag and see complete sustainability information. DNV GL (international classification society, now DNV) developed MyStory on VeChainThor — a white-label traceability platform. COS pilot: customers in a shopping centre in Guangzhou were the first to discover COS products with MyStory tags; COS can thus show material origin, manufacturing images and videos, as well as sustainability certificates. Givenchy partnership: NFC chips in leather goods and sneakers for authenticity verification. VeChain 2021: launch of a digital carbon footprint SaaS service on VeChainThor. VeChain 2026 Manifesto: strategic roadmap for further growth as the most sustainable enterprise blockchain.

## Benefits

- The integration enables cost savings through automated inspection processes and reduces losses from product counterfeiting and fraud.
- Companies achieve complete transparency and traceability of their supply chains through immutable blockchain records.
- Automation of compliance checks reduces administrative costs and significantly accelerates business processes.
- Consumer trust is strengthened through verifiable product authenticity and transparent provenance evidence.
- Employees in supply chain management receive precise real-time data for informed decisions and can proactively identify issues.

## Challenges

- Companies must invest in training their employees and adapting existing business processes.
- Integration into existing ERP and CRM systems requires significant technical expertise and careful planning of system architecture.
- All actors along the supply chain must be willing to collaborate and provide transparent data.
- IT teams need specialised blockchain knowledge and must successfully implement complex integration projects.

## Technology foundation

VeChain is based on the VeChainThor blockchain, which is specifically developed for enterprise applications and uses a proof-of-authority consensus. The technology combines a dual token system of VET and VTHO with IoT integration and offers high scalability for multi-million transaction volumes in industry.

## Sources

- [Investment Analysis VeChain](https://coinstats.app/ai/a/investment-analysis-vechain)
- [VeChain Review](https://coinbureau.com/review/vechain-review)
- [VeChain's 2026 Manifesto](https://vechain.org/vechains-2026-manifesto)