Malaysian Blockchain App Allows Users to Trace Sustainable Palm Oil
Cointelegraph
Published Mar 25, 2020 11:18PM ET
Updated Mar 26, 2020 01:00AM ET
The Malaysian Palm Oil Council (MPOC) and blockchain startup BloomBloc have developed a blockchain app that enables users to trace palm oil throughout the entire supply chain.
Following a successful test, the blockchain-based system is available in a pilot roll out to local oil palm growers, palm oil processors, plantations and family owned smallholders, according to food industry publication Foodbev Media. The system registers each tree and its associated information, making it possible for users to track the journey from plantation, to mill, and on to the final product.
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Written By: Cointelegraph
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