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 that your customers will love.
GreenToken’s unique digital twin on a blockchain approach provides transparency to any raw material facts you wish to trace such as commodity origin, child labour free or recycled/sustainable status – GreenToken uses mass balance accounting principles, but ditches batches in favour of tokens – green for good, no token for bad.
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.
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.