The firms say their combination of physical authentication, digital traceability and enterprise process design has no precedent in supply chains, and cocoa is just the start.
- PwC Germany, Merck KGaA and The Hashgraph Group are testing a system that combines tamper-evident markers on cocoa bags with records on Hedera’s distributed ledger to trace batches from farms to factories.
- The project is intended to help companies comply with forthcoming European Union deforestation rules and more precisely identify contaminated or noncompliant batches in cocoa’s fragmented supply chain.
- The firms say the system could eventually support direct digital payments and access to financial services for smallholder farmers, while expanding to industries including pharmaceuticals, electronics and luxury goods.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
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