NFTs may have disrupted the fashion industry’s trillion-dollar fortunes, but they are only one of many pieces that is changing this sector. Instead, the blockchain technology is a revolution for fashion.

Supply chains based on blockchain technology were some of the first applications of the technology. This could be used to detect counterfeit itemsDigital wearables built using blockchain networks are coming into play. Megan Kaspar, co-founder and managing director of Magnetic — a privately held crypto and blockchain investment and incubation firm — told Cointelegraph that digital fashion is a very powerful use case for blockchain technology. But, she said that most brands don’t realize the potential value of blockchain in creating new business models.