, Columnist
Egyptian Cotton, Meet Blockchain
Distributed online ledgers are being deployed to stamp out blood diamonds. Why not other things?
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Egyptian cotton, it's time you met blockchain.
In the week since Indian textile maker Welspun was called out by Target for mislabeling sheets and pillow cases as premium Egyptian cotton products, the company's shares have collapsed. While Target has severed all ties and Wal-Mart and J.C. Penney have announced their own reviews, Bed Bath & Beyond has appointed an independent auditor.