World Wildlife Fund-Australia (WWF-Australia) has reported the release of a supply network tool that uses blockchain to enable organizations and shoppers to track food supplies, as per a tweet posted on January 17.
Open SC platform is the result of an association between WWF-Australia and BCG Digital Ventures (BCGDV) – the worldwide corporate project, investment and brooding arm of US-based Boston Consulting Organization.
As indicated by a post on the WWF site, the platform enables both the organizations to follow products they create, and purchasers to see the making of said items through a unique blockchain code at the item’s point of origin.
The stage appropriates QR codes to the products made by customer partnerships signing up to the plan. The blockchain codes are then primarily linked to a platform to enable customers to check the making and life cycle of the particular item.
The main goal is purportedly to enable consumers to know about the exact product they are buying so they can intentionally create an ethical choice.
Thus, makers will never again have to bear the complexities of supply chains to camouflage questionable sourcing and production activities.
Dermot O’Gorman CEO of WWF-Australia expressed his thoughts on a press statement published on January 17:
Through Open SC, we will have an unheard of a dimension of transparency about whether the meal we eat is adding to natural degradation of living spaces and species, as well as social treachery and human rights issues, for example, slavery.
Open SC-tracked food production that will purportedly be served next week to world pioneers at the World Economic Forum occasion in Davos, Switzerland, the public statement notes.
In the coming future, the plan could extend out food to handle areas as different as palm oil and timber, Reuters reports today, talking with BCGDV’s Asia district head Paul Hunyor.
The release comes as blockchain-based supply network upgrades are seeing a hive of movement. This week, computing goliath IBM’s very own blockchain system saw two new implementations including cobalt production in the Democratic Republic of the Congo and the more extensive global mining industry.
Meanwhile, in November, a Swiss food supplier became the first one who uses the Ethereum (ETH) blockchain to track food products.