“As part of SAPPHIRE NOW, the most important event organized worldwide by the German software company, SAP presented GreenToken, a digital solution that guarantees transparency in supply chains regarding the origin and monitoring of sustainable raw materials, simplifying traceability.”

“This tool is based on technologies such as token and blockchain and will seek to provide real-time information on raw materials throughout the value chain. Likewise, the company indicated that it will be able to identify if a crop is certified as sustainable; as well as its carbon footprint throughout the process and what percentage of waste is recycled in circular economy models.”

“The so-called ‘Green Token’ solution plays a role in tracking sustainability, as the keynote went on to say. This is a ‘multi-commodity supply chain transparency platform’. Through tokenization and blockchain, material flows and their environmental footprint can be tracked across the entire supply chain.”

“The company launched GreenToken, a multi-commodity platform that traces raw materials to their origin. GreenToken uses tokenization and blockchain to trace commingled raw materials.”