NEW YORK CITY – Blockchain software technology company Consensys has announced a new partnership with French luxury goods corporation LMVH and multinational technology corporation Microsoft, which will see its technology used to verify the authenticity of luxury goods.
Aura, the new platform developed by LMVH and Microsoft, is based on the Ethereum Quorum blockchain and will utilise Microsoft Azure.
Consensys worked on both the design and development of the traceability smart contracts as well as the blockchain infrastructure.
