Joining Forces For Sustainable Palm Oil
Reducing entry level barriers
Greenearth Agro is developing a technology to trace and track Palm Oil from origin to consumption with help of Blockchain.
Developing a blockchain technology based certification for palm oil, accessible to all producer including the smallest and most marginalized. Current certification processes are prohibitively expensive and therefore only accessible to larger firms. The project aims to remove this barrier.
Why Blockchain in Supply Chain?
Blockchain is a way for two or more parties who don’t know or trust each other to directly transact with more confidence.
A supply chain is a series of transactions between multiple parties, including manufacturing, procurement, wholesale, retail, inventory, shipping, stores, consumers and so on. With many organizations, countries and regulations involved, It has been noticed that these transactions have traditionally suffered from a lack of transparency. This is inefficient at best and potentially dangerous for consumers at worst.