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Aura Blockchain Consortium

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uuid0009oe7

Namestring
Aura Blockchain Consortium
Legal namestring
Aura Blockchain Consortium
Company typeenum
Private
Founded yearint
2021
Descriptiontext

Aura Blockchain Consortium is a Geneva-headquartered, Swiss non-profit association founded in 2021 by four of the world's largest luxury conglomerates (LVMH, OTB, Prada Group, and Cartier/Richemont) to provide blockchain-based authentication and traceability infrastructure exclusively to the luxury industry. The consortium operates a blockchain-agnostic platform that issues Digital Product Passports (DPPs) for individual luxury items, supported by NFC chips, QR codes, and datamatrix identifiers, enabling provenance tracking, ownership transfer, and resale verification from raw materials through the secondary market. Members also gain access to NFT/Soulbound Token utilities, Web3 CRM tools, and sustainability/circular-economy reporting modules aligned with the incoming EU Digital Product Passport regulation.

The consortium generates revenue through membership fees paid by luxury brands joining the platform, with member brands also able to leverage the network for cross-brand authentication and authenticated resale. As of 2025-2026 the platform hosts 50+ member brands (including LVMH house brands such as Dior, Givenchy, and Hennessy; Prada, Miu Miu, Loro Piana, Zegna, and Tod's from OTB and Prada Group; Cartier, Bvlgari, Hublot, and Czapek & Cie from the watch and jewelry segment; and Mercedes-Benz, BRABUS, and Axopar in automotive and marine) and 80M+ registered products spanning fashion, jewelry, watches, automotive, beauty, spirits, and furniture. The organization is governed by Chairman Stefano Rosso (appointed April 2026) and led operationally by CEO Marcel Härtlein (appointed January 2026), with a recent Deloitte partnership (April 2026) extending reach into enterprise compliance advisory.

Short descriptiontext

Aura Blockchain Consortium is a Geneva-based non-profit founded in 2021 by LVMH, OTB, Prada Group, and Cartier/Richemont, operating a blockchain-agnostic Digital Product Passport platform for over 50 luxury brands across fashion, jewelry, watches, automotive, and beauty, with 80M+ products registered.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersCarouge, Switzerland
HQ citystring
Carouge
HQ countrystring
Switzerland
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
digital product passports, luxury blockchain solutions, product authentication services, supply chain traceability, NFT authentication platform
Industry2 codes
PRIMARYFSAPAIAA
Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum)
Financial & Insurance/Blockchain & Web3/Enterprise Blockchain & Tokenization (permissioned networks, RWA tokenization)
SECONDARYFSAPAIAH
Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting)
Financial & Insurance/Blockchain & Web3/Enterprise Blockchain & Tokenization (permissioned networks, RWA tokenization)
NAICS code1 code
  • Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)5331
SIC code1 code
  • Security & Commodity Brokers, Dealers, Exchanges & Services6200
Product category
Blockchain-based Product Authentication Platform
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Membership Fees
TypeSubscription Recurring
Description

As a non-profit organization offering blockchain solutions exclusively to luxury brands, Aura Blockchain Consortium generates revenue through membership fees from luxury brand members. The consortium is open to luxury brands, technical partners, third-party trusted partners, and supply/distribution partners who contribute to raise industry standards.

auraconsortium.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Others
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Aura Blockchain Consortium is a non-profit organization that provides blockchain-agnostic digital product passport (DPP) solutions exclusively to luxury brands. Its platform enables unique digital identities for products, supply chain transparency from raw materials to finished goods, ownership transfer and resale verification, and NFT/SBT utilities for customer engagement, supporting NFC chips, QR codes, and datamatrix codes.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Over 80 million products registered on the blockchain platform
+2 more records
Product overview1 text field

Aura Blockchain Consortium is a non-profit organization offering blockchain-agnostic solutions exclusively to luxury brands. Established by founding luxury groups LVMH, OTB, Prada Group, and Cartier (part of Richemont), the consortium provides a unified platform of blockchain-based solutions including Digital Product Passports, Luxury Authenticity Solutions, Supply Chain Transparency, Transfer of Ownership and Resale services, Personal Relationship (Web3 CRM) tools, Circular Economy & Sustainability tracking, NFT Utilities, and Additional Services. With over 50 member brands and 80 million products registered on the blockchain, the consortium serves multiple luxury sectors including fashion, jewelry, watches, automotive, spirits, fragrance, and furniture. The platform creates unique digital identities for products, enables supply chain tracking from raw materials to final product, facilitates ownership transfer and resale, and supports sustainability initiatives through blockchain technology.

Product and service4 records
1Digital Product Passports (DPP)
CategoryBlockchain Authentication
2Luxury Authenticity Solutions
CategoryBlockchain Authentication
3Supply Chain Transparency Solutions
CategorySupply Chain Management
4NFT & SBT Utilities
CategoryWeb3 / Digital Collectibles
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeImplementation/ SI/ Consulting PartnerAnnounced on2026-04-15
Description

Partnership with Deloitte to develop Digital Product Passport (DPP) solutions for luxury brands. Deloitte case study details Aura's DPP solution for luxury brands to certify authenticity, with collaboration including a FTSE 100 consumer goods company for compliance roadmap.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-03-01
Description

Technology partner for Tod's Digital Product Passport implementation. Temera provided NFC chip integration for Tod's iconic Gommino loafers, enabling customers to scan embedded chips to access product traceability and authenticity certificates.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Founding member of the Aura Blockchain Consortium. LVMH and its brands (Dior, Givenchy, Hennessy, etc.) utilize the blockchain platform for digital product passports and authentication. LVMH expanded Web3 capabilities in 2024 by acquiring a digital asset authentication startup.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Founding member. Prada Group brands including Prada, Miu Miu deploy digital product passports on the Aura platform for authentication and customer engagement.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Founding member through Richemont. Cartier and other Richemont brands utilize the blockchain for jewelry and watch authentication, including digital passports at Watches and Wonders.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Founding member. Italian luxury fashion group with brands including Maison Margiela, Jil Sander, Marni deploying blockchain solutions. OTB released 2025 Sustainability Report showing 81% renewable energy globally.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Supply chain traceability and product passport platform with fashion and luxury deployments (e.g., Filippa K). Comparable on DPP-style traceability for apparel and luxury, with a software-as-a-service rather than consortium model.

TypeBroad incumbent
Description

Open-source consortium of permissioned blockchain frameworks (Fabric, Besu, etc.) used for enterprise consortia. Comparable as a permissioned blockchain technology foundation, though not a direct competitor since it provides tooling rather than luxury-specific DPPs.

TypeEmerging player
Description

Blockchain-based supply chain transparency and product passport provider focused on circular economy, plastics, and luxury. Comparable on DPP capabilities and traceability, but with a different go-to-market emphasis on materials and industrial supply chains.

TypeEmerging player
Description

Supply chain traceability using blockchain, with deployments in automotive batteries, aerospace, and luxury. Comparable on raw-material-to-finished-goods tracking and provenance verification.

TypeDirect peer
Description

France-based open-source protocol issuing blockchain-based digital product passports for luxury brands. The most direct head-to-head competitor to Aura in luxury DPPs, with comparable target customers (Richemont, Breitling, Moncler) and similar authentication, ownership-transfer, and resale utilities.

TypeEmerging player
Description

Decentralized knowledge graph with supply chain transparency applications, including pilot work with luxury and pharmaceutical brands. Comparable on traceability and DPP-style data provenance, but with broader industry focus.

TypeBroad incumbent
Description

Public enterprise blockchain platform widely used for luxury product authentication and supply chain (e.g., LVMH historically partnered with VeChain). Comparable on luxury DPP use cases but operates as a broad Layer-1 rather than a luxury-specialized consortium.

TypeBroad incumbent
Description

Enterprise-grade permissioned DLT platform used by financial institutions and consortia. Comparable as underlying permissioned blockchain infrastructure for industry consortia, though not specialized in luxury.

TypeDirect peer
Description

Italian IoT and NFC/QR identification specialist that partnered with Aura for Tod's DPP. Comparable as a luxury-focused traceability and authentication technology provider, though primarily an implementation partner rather than a consortium competitor.

TypeDirect peer
Description

Blockchain provenance platform initially built for diamond certification and now applied to luxury goods, wine, and apparel. Directly comparable on blockchain-based provenance, supply chain transparency, and counterfeiting prevention for high-value items.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers13 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Aura Blockchain Consortium

Blockchain-based Product Authentication Platformauraluxuryblockchain.com

Aura Blockchain Consortium is a Geneva-based non-profit founded in 2021 by LVMH, OTB, Prada Group, and Cartier/Richemont, operating a blockchain-agnostic Digital Product Passport platform for over 50 luxury brands across fashion, jewelry, watches, automotive, and beauty, with 80M+ products registered.

What Aura Blockchain Consortium does

Aura Blockchain Consortium is a Geneva-headquartered, Swiss non-profit association founded in 2021 by four of the world's largest luxury conglomerates (LVMH, OTB, Prada Group, and Cartier/Richemont) to provide blockchain-based authentication and traceability infrastructure exclusively to the luxury industry. The consortium operates a blockchain-agnostic platform that issues Digital Product Passports (DPPs) for individual luxury items, supported by NFC chips, QR codes, and datamatrix identifiers, enabling provenance tracking, ownership transfer, and resale verification from raw materials through the secondary market. Members also gain access to NFT/Soulbound Token utilities, Web3 CRM tools, and sustainability/circular-economy reporting modules aligned with the incoming EU Digital Product Passport regulation.

The consortium generates revenue through membership fees paid by luxury brands joining the platform, with member brands also able to leverage the network for cross-brand authentication and authenticated resale. As of 2025-2026 the platform hosts 50+ member brands (including LVMH house brands such as Dior, Givenchy, and Hennessy; Prada, Miu Miu, Loro Piana, Zegna, and Tod's from OTB and Prada Group; Cartier, Bvlgari, Hublot, and Czapek & Cie from the watch and jewelry segment; and Mercedes-Benz, BRABUS, and Axopar in automotive and marine) and 80M+ registered products spanning fashion, jewelry, watches, automotive, beauty, spirits, and furniture. The organization is governed by Chairman Stefano Rosso (appointed April 2026) and led operationally by CEO Marcel Härtlein (appointed January 2026), with a recent Deloitte partnership (April 2026) extending reach into enterprise compliance advisory.

Aura Blockchain Consortium firmographics

Firmographics
Name
Aura Blockchain Consortium
Legal name
Aura Blockchain Consortium
Website
https://auraluxuryblockchain.com
Company type
Private
Founded year
2021
Operating status
Operating
Headcount range
11–50 employees
Short description
Aura Blockchain Consortium is a Geneva-based non-profit founded in 2021 by LVMH, OTB, Prada Group, and Cartier/Richemont, operating a blockchain-agnostic Digital Product Passport platform for over 50 luxury brands across fashion, jewelry, watches, automotive, and beauty, with 80M+ products registered.
Ownership category
akta.pro rank

Aura Blockchain Consortium industry classification

Industry
Product category
Blockchain-based Product Authentication Platform
NAICS
Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) (5331)
SIC
Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
akta.pro industry
PRIMARYFSAPAIAA
Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum)
Financial & Insurance/Blockchain & Web3/Enterprise Blockchain & Tokenization (permissioned networks, RWA tokenization)
SECONDARYFSAPAIAH
Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting)
Financial & Insurance/Blockchain & Web3/Enterprise Blockchain & Tokenization (permissioned networks, RWA tokenization)

Keywords

  • Digital product passports
  • Luxury blockchain solutions
  • Product authentication services
  • Supply chain traceability
  • NFT authentication platform

Where Aura Blockchain Consortium is headquartered

Location

Headquarters

HQ city
Carouge
HQ country
Switzerland
HQ region
Europe

Offices1 record

Markets served

Aura Blockchain Consortium business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

  1. Membership Fees: As a non-profit organization offering blockchain solutions exclusively to luxury brands, Aura Blockchain Consortium generates revenue through membership fees from luxury brand members. The consortium is open to luxury brands, technical partners, third-party trusted partners, and supply/distribution partners who contribute to raise industry standards.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Aura Blockchain Consortium product offering

Product offering

Core offering

Aura Blockchain Consortium is a non-profit organization that provides blockchain-agnostic digital product passport (DPP) solutions exclusively to luxury brands. Its platform enables unique digital identities for products, supply chain transparency from raw materials to finished goods, ownership transfer and resale verification, and NFT/SBT utilities for customer engagement, supporting NFC chips, QR codes, and datamatrix codes.

Product overview

Aura Blockchain Consortium is a non-profit organization offering blockchain-agnostic solutions exclusively to luxury brands. Established by founding luxury groups LVMH, OTB, Prada Group, and Cartier (part of Richemont), the consortium provides a unified platform of blockchain-based solutions including Digital Product Passports, Luxury Authenticity Solutions, Supply Chain Transparency, Transfer of Ownership and Resale services, Personal Relationship (Web3 CRM) tools, Circular Economy & Sustainability tracking, NFT Utilities, and Additional Services. With over 50 member brands and 80 million products registered on the blockchain, the consortium serves multiple luxury sectors including fashion, jewelry, watches, automotive, spirits, fragrance, and furniture. The platform creates unique digital identities for products, enables supply chain tracking from raw materials to final product, facilitates ownership transfer and resale, and supports sustainability initiatives through blockchain technology.

Differentiator

Problem solved

Functional benefit

Products and services

  • Digital Product Passports (DPP)
  • Luxury Authenticity Solutions
  • Supply Chain Transparency Solutions
  • NFT & SBT Utilities

Quantifiable outcome

  • Over 80 million products registered on the blockchain platform
  • +2 more outcomes

Companies that use Aura Blockchain Consortium

Customer profile

Named customers13 records

Segments5 records

Ideal customer profiles1 record

Aura Blockchain Consortium technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Aura Blockchain Consortium partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core and flagship.

  • DeloittecoreImplementation/ SI/ Consulting Partner · 15 April 2026Partnership with Deloitte to develop Digital Product Passport (DPP) solutions for luxury brands. Deloitte case study details Aura's DPP solution for luxury brands to certify authenticity, with collaboration including a FTSE 100 consumer goods company for compliance roadmap.
  • TemeracoreTechnology or Integration · 1 March 2025Technology partner for Tod's Digital Product Passport implementation. Temera provided NFC chip integration for Tod's iconic Gommino loafers, enabling customers to scan embedded chips to access product traceability and authenticity certificates.
  • LVMHflagshipStrategic or Co-development Partner · 1 January 2021Founding member of the Aura Blockchain Consortium. LVMH and its brands (Dior, Givenchy, Hennessy, etc.) utilize the blockchain platform for digital product passports and authentication. LVMH expanded Web3 capabilities in 2024 by acquiring a digital asset authentication startup.
  • Prada GroupflagshipStrategic or Co-development Partner · 1 January 2021Founding member. Prada Group brands including Prada, Miu Miu deploy digital product passports on the Aura platform for authentication and customer engagement.
  • Cartier (Richemont)flagshipStrategic or Co-development Partner · 1 January 2021Founding member through Richemont. Cartier and other Richemont brands utilize the blockchain for jewelry and watch authentication, including digital passports at Watches and Wonders.
  • OTB GroupflagshipStrategic or Co-development Partner · 1 January 2021Founding member. Italian luxury fashion group with brands including Maison Margiela, Jil Sander, Marni deploying blockchain solutions. OTB released 2025 Sustainability Report showing 81% renewable energy globally.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Aura Blockchain Consortium competitors and assessment

Company assessment

Emerging players

  • TrusTrace: Supply chain traceability and product passport platform with fashion and luxury deployments (e.g., Filippa K). Comparable on DPP-style traceability for apparel and luxury, with a software-as-a-service rather than consortium model.
  • Circularise: Blockchain-based supply chain transparency and product passport provider focused on circular economy, plastics, and luxury. Comparable on DPP capabilities and traceability, but with a different go-to-market emphasis on materials and industrial supply chains.
  • Circulor: Supply chain traceability using blockchain, with deployments in automotive batteries, aerospace, and luxury. Comparable on raw-material-to-finished-goods tracking and provenance verification.
  • OriginTrail: Decentralized knowledge graph with supply chain transparency applications, including pilot work with luxury and pharmaceutical brands. Comparable on traceability and DPP-style data provenance, but with broader industry focus.

Broad incumbents

  • Hyperledger Foundation: Open-source consortium of permissioned blockchain frameworks (Fabric, Besu, etc.) used for enterprise consortia. Comparable as a permissioned blockchain technology foundation, though not a direct competitor since it provides tooling rather than luxury-specific DPPs.
  • VeChain: Public enterprise blockchain platform widely used for luxury product authentication and supply chain (e.g., LVMH historically partnered with VeChain). Comparable on luxury DPP use cases but operates as a broad Layer-1 rather than a luxury-specialized consortium.
  • R3 Corda: Enterprise-grade permissioned DLT platform used by financial institutions and consortia. Comparable as underlying permissioned blockchain infrastructure for industry consortia, though not specialized in luxury.

Direct peers

  • Arianee: France-based open-source protocol issuing blockchain-based digital product passports for luxury brands. The most direct head-to-head competitor to Aura in luxury DPPs, with comparable target customers (Richemont, Breitling, Moncler) and similar authentication, ownership-transfer, and resale utilities.
  • Temera: Italian IoT and NFC/QR identification specialist that partnered with Aura for Tod's DPP. Comparable as a luxury-focused traceability and authentication technology provider, though primarily an implementation partner rather than a consortium competitor.
  • Everledger: Blockchain provenance platform initially built for diamond certification and now applied to luxury goods, wine, and apparel. Directly comparable on blockchain-based provenance, supply chain transparency, and counterfeiting prevention for high-value items.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Aura Blockchain Consortium social profiles

Digital presence

Aura Blockchain Consortium financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Aura Blockchain Consortium leadership team

Management profile

Number of profiles

Profiles3 records

Aura Blockchain Consortium funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Aura Blockchain Consortium M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aura Blockchain Consortium

What does Aura Blockchain Consortium do?

Aura Blockchain Consortium is a non-profit organization that provides blockchain-agnostic digital product passport (DPP) solutions exclusively to luxury brands. Its platform enables unique digital identities for products, supply chain transparency from raw materials to finished goods, ownership transfer and resale verification, and NFT/SBT utilities for customer engagement, supporting NFC chips, QR codes, and datamatrix codes.

Is Aura Blockchain Consortium a public or private company?

Aura Blockchain Consortium is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Aura Blockchain Consortium founded?

Aura Blockchain Consortium was founded in 2021. It employs 11 to 50 people.

Where is Aura Blockchain Consortium based?

Aura Blockchain Consortium is headquartered in Carouge, Switzerland, in the Europe region.

How does Aura Blockchain Consortium make money?

One revenue line is on record: membership Fees.

Who are Aura Blockchain Consortium's main competitors?

Emerging players on record are TrusTrace, Circularise, Circulor and OriginTrail. Broad incumbents are Hyperledger Foundation, VeChain and R3 Corda. Direct peers are Arianee, Temera and Everledger.

Does Aura Blockchain Consortium have an API?

No public API is recorded for Aura Blockchain Consortium.

What industry is Aura Blockchain Consortium in?

Aura Blockchain Consortium's product category is Blockchain-based Product Authentication Platform. Its primary akta.pro industry code is FSAPAIAA, Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum), with a secondary code of FSAPAIAH, Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting). Its NAICS code is 5331 and its SIC code is 6200.

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Live signals
EIN PresswireIoT In Logistics Market Register Growth of 13.2% CAGR To Reach USD 130.5 billion by 2035: Market Research FutureThe global IoT in logistics market is projected to grow from USD 37.8 billion in 2025 to USD 130.5 billion by 2035, a 13.2% CAGR. North America leads with a 34% revenue share, while Asia-Pacific is expected to see the highest growth at 15.4% CAGR. Software platforms are growing fastest at 15.8% CAGR.KoreaTechDeskWhy Korean Brands Still Struggle to Identify Actual Product Owners After the Sale - KoreaTechDeskKorean brands are facing an infrastructure gap where traditional CRM systems track buyers but lose visibility after products are resold, gifted, or transferred to new owners, creating challenges for post-sale engagement. RIBO's, led by Brand Lead Chaeun Jung, is offering NFC-based ownership access systems to help brands maintain verified digital relationships with actual product owners rather than just original purchasers. Luxury brands including ZEGNA and members of the Aura Blockchain Consortium (LVMH, Prada Group, Cartier, OTB) have already deployed product-linked identity systems, with over 60 million luxury products registered, while Korean companies are beginning Digital Product Passport preparation for EU compliance but face internal organizational barriers to adoption.WWDEXCLUSIVE: Aura Blockchain Consortium’s CEO on Building a Value-creating Industry EcosystemAura Blockchain Consortium CEO Marcel Härtlein outlined the consortium's next phase, shifting from a software platform to a value-creating industry orchestrator. Aura, with over 50 luxury brands and 80 million products on its blockchain, is scaling digital product passports amid EU regulations. Härtlein sees AI and blockchain as complementary, with compliance deadlines set for 2027-2028.WWDAura Blockchain Consortium Appoints Marni Executive as ChairmanMarni's Stefano Rosso was appointed chairman of the Aura Blockchain Consortium, succeeding Prada's Lorenzo Bertelli. The consortium, founded by luxury brands including LVMH, Prada, and Richemont, has registered over 80 million products on its blockchain. Rosso said the role is an honor and responsibility to help define a global standard for transparency and value.Deloitte United StatesUnlocking Value Through Digital Product PassportsDeloitte has published a strategic perspective article on Digital Product Passports (DPPs), digital records containing product lifecycle data that are becoming mandatory under regulatory frameworks such as the EU's Ecodesign for Sustainable Products Regulation. The article presents three case studies: a partnership with Aura Blockchain Consortium to develop a DPP solution for luxury brands to certify authenticity, collaboration with a FTSE 100 consumer goods company to build a compliance and scaling roadmap, and joint development with Japan's JBMIA on a right-to-repair DPP framework for office appliances targeting the EU and UK markets. Early adopters of DPP technology can gain competitive advantages through enhanced customer engagement, operational insights, and supply chain transparency.ItshcoBlockchain Jewelry Authentication for RetailersThis article from H&CO discusses how blockchain technology serves as a digital authentication system for luxury jewelry, recording provenance, metal purity, artisan details, and retail history to address the industry's trust challenges. Major luxury players including LVMH (through the Aura Blockchain Consortium with over 70 million products registered on-chain), De Beers (Tracr), and the European Commission (mandating Digital Product Passports by 2026) are identified as adopters or drivers of this technology. The article claims a 28% first-time revenue gap exists where buyers drop off due to trust uncertainty, and positions blockchain authentication as a competitive differentiator for independent jewelers entering the luxury market.Vogue Hong KongFitting The Future: How The AI Revolution Is Shaping The Luxury Retail LandscapeLuxury retail brands are increasingly integrating AI, augmented reality, blockchain, and virtual experiences into their operations, with LVMH positioning itself as a pioneer at the VivaTech conference in Paris. Key partnerships include Dior working with Kahoona and Scandit for customer profiling and warehouse optimization, while Cartier collaborated with Snapchat for AR try-ons and Bvlgari partnered with Dev4Side for digital product authentication. The Aura Blockchain Consortium, founded by LVMH, Richemont, Prada Group, and OTB, now has over 50 members providing digital passports that trace products' origin and production journey.BusinessoffashionExclusive: Amouage Is The First Beauty Brand to Join Aura Blockchain ConsortiumLuxury fragrance house Amouage announced its entry into the Aura Blockchain Consortium, becoming the first beauty brand and first Middle East-based brand to join the alliance established by LVMH, Prada Group, OTB, and Richemont's Cartier. Starting this month, all new Amouage products will carry QR codes linking to digital product passports that provide product provenance, ownership certificates, and exclusive customer benefits, with existing products to be added by month's end. The Omani fragrance house, which introduced refillable bottles, also plans to track refill data through the blockchain system, while the EU is set to mandate digital product passports for many products starting in 2027.LinkedInThe B2B Opportunity in Jewelry 2025: Where Luxury Meets InnovationThe jewelry industry is shifting towards B2B models driven by smart systems, personalization, and ethical transparency to meet evolving consumer demands. Key strategic moves include the adoption of modular supply chains, blockchain traceability via platforms like De Beers' Tracr and Aura Blockchain Consortium, and the integration of AI and AR technologies for customization and sales.TheIndustry.fashionTraceable Tod’s brings Digital Product Passports to its iconic Gommino footwearTod's is expanding Digital Product Passports (DPP) to its iconic Gommino loafers through a collaboration with Aura Blockchain Consortium and Temera, enabling customers to scan an embedded NFC chip in the shoes to access product traceability, authenticity certificates, and additional brand experiences. The DPPs will provide information about the product's value chain, materials, and environmental impact, while also granting customers access to extended warranties, dedicated client advisors, and exclusive events. This expansion builds on Tod's earlier implementation of DPPs for its custom Di Bag line.