A new group of oil palm growers, palm oil processors, consumer goods manufacturers, not-for-profit organizations and technology leaders recently gathered to initiate a blockchain solution that aims to improve traceability in production areas and accelerate the push towards NDPE (No Deforestation, No Peat, No Exploitation) compliance in the complex palm oil chain.
The group, which is named SUSTAIN (Sustainability Assurance & Innovation Alliance), brings together relevant stakeholders in the palm oil industry to collaboratively address landscape-level sustainability issues and allows synergy creation among industry players by establishing a common blockchain-based platform for palm oil.
The aim of the alliance is to collaborate with industry partners in creating industry solutions that guarantee greater transparency and sustainability through the successful integration of sustainable good practices with the latest technology solutions.
Read the full article (Bahasa) : Infosawit
