The palm oil industry should use blockchain technology to clearly prove that the fresh fruit bunches (FFB) harvested are certified sustainable and that no deforestation has been carried out, says a consulting firm involved in the technology.
Lardi and Partner Consulting GmbH managing partner Kamales Lardi said that apart from sustainability, discussions in Europe are also related to the competitiveness of palm oil compared to other oil crops, hence, highlighting the importance of direct-to-customer communication.
The Zurich-based firm is the founding company of BloomBloc Sdn Bhd, a strategic advisory and blockchain development company in Kuala Lumpur that focuses on sustainable supply chains.
https://focusmalaysia.my/mainstream/palm-oil-sector-urged-to-use-blockchain-tech-to-help-prove-sustainability/