Your customers want to know that the raw materials in your products are sustainably sourced, child labour free and ethically traded. GreenToken gives you that transparency right back to origin, backed by blockchain based chain of custody for trust and undeniable supply chain truth to recognised standards such as ISCC PLUS, ISCC EU and REDcert2.
GreenToken’s unique digital twin on a blockchain approach provides transparency to any raw material ESG (Environmental, Social and Governance) facts you wish to trace such as commodity origin, child labour free or recycled/sustainable status.
GreenToken uses mass balance accounting principles which exactly model your available sustainability credits and allow you to share these facts securely with your business partners via secure blockchain token transfer.
Duplicating ‘fact certificates’ is a real problem in raw material supply chains. We create a unique token that corresponds to a unique certificate of fact, and blockchain ensures that it can only be used once to guarantee the raw material. Finally, mass balance principles account for every kg of material in your supply chain, including shrink and conversion losses.
Blockchain automatically keeps track of the raw material from where it started to where it ends up and makes auditing of claims trivial. "Can you prove this is sustainable?” becomes an easy question to answer with a simple report from the blockchain ledger.
What’s more, GreenToken implements todays sustainability standard such as ISCC PLUS and REDcert2 and is designed to meet any new standards such as EU Green Deal as they are published.
Our objective is to help develop a solution for the industry. Through this collaboration, we will work with industry leaders, value chains and brands to build traceability of sustainable products from origin to consumers.
Raw material traceability made simple
