As circular business practices become more prevalent, the startup Queen of Raw slashes fashion waste by using AI- and blockchain-driven technology to resell deadstock textiles. The company operates on a B2B model, connecting resellers to clothing producers and manufacturers. In doing so, Queen of Raw not only reduces landfill waste from discarded fabrics but also cuts carbon and emissions and saves water.
The Queen of Raw platform has integrated AI and blockchain technology that deftly matches resellers with relevant buyers. The algorithms onboard the platform recommend fitting prices and find nearby vendors, making the acquisition process more efficient and eco-friendly. Queen of Raw is compatible with numerous inventory management systems, allowing resellers to upload products quickly. The reselling platform has worked with 325,000 clients including high-profile brands like Cartier and H&M. Queen of Raw has no minimums, so buyers are free to find the lengths that work for them.
Blockchain-Enabled Textile Marketplaces
Queen of Raw Uses AI and Blockchain to Sell Fashion Waste
Trend Themes
1. Circular Business Practices - Utilizing AI and blockchain-driven technology to resell fashion waste is a disruptive innovation in the fashion industry, presenting opportunities for other companies to adopt circular business practices.
2. Efficient and Eco-friendly Acquisition Process - The integration of AI and blockchain technology onboard the Queen of Raw platform has made the acquisition process more efficient and eco-friendly, presenting opportunities for companies to reduce their environmental impact while also creating value.
3. No Minimums Business Model - Queen of Raw's no minimums business model is a disruptive innovation in the resale industry, allowing buyers the freedom to find the lengths that work for them and presenting opportunities for other resale companies to adopt this model.
Industry Implications
1. Fashion - The fashion industry can utilize AI and blockchain technology to reduce textile waste and create a more sustainable and efficient production process.
2. Inventory Management - The utilization of inventory management systems, like the ones compatible with Queen of Raw's platform, can present disruptive innovation opportunities for businesses looking to streamline their operations and reduce waste.
3. Resale - Queen of Raw's no minimums business model presents disruptive innovation opportunities for other resale companies to adopt, allowing buyers more freedom and potentially increasing sales.