2018-7-31 10:07 |
The Australian government has granted A$2.25 million ($1.7 million) to the Sustainable Sugar Project, Foodnavigator-Asia reports July 30.
The Sustainable Sugar Project, led by the Queensland Cane Growers Organization, will use blockchain technology to track the provenance of sugar supplies to Australia.
The initiative known as the Smart Cane Best Management Practice (BMP) is part of a sugar industry push for better sustainability and traceability.
The Ministry of Agriculture and Water Resources stated that large buyers of sugar could pay more in the future for sustainable sugar, as customers increasingly demand sustainably-sourced products.
Oracle Blockchain Cloud Service uses Hyperledger Fabric as its basis and launched following a series of trials with banking, business, and government clients.
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