The carbon footprint of the food supply chain is the total amount of greenhouse gases (GHGs) produced throughout the entire life cycle of a food product, from its production to its consumption. This includes emissions from farming and processing, transportation, and packaging.
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Sustainable agriculture is crucial for reducing greenhouse gas emissions and addressing the challenges of climate change. One area of particular concern is the production of methane in paddy fields.dMRV data on Blockchain makes Climate Action discoverable. Data on-Chain allows the creation of tamper-proof and transparent records with traceability. dApp (decentralized application) and IPFS (InterPlanetary File System) makes Climate action data discoverable.
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ChatGPT can support blockchain and Climate Action is by providing a more efficient and accurate method of tracking and verifying the carbon offsetting of companies and individuals. Carbon offsetting is a process by which companies and individuals can offset their carbon emissions by investing in projects that reduce carbon emissions, such as renewable energy projects. ChatGPT can help automate the tracking and verifying carbon offsetting process, making it more efficient and accurate.
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Web3 technologies, such as blockchain and decentralized networks, can play a vital role in the Climate Awakening movement. Blockchain technologies provide ways to track, verify, and incentivize sustainable behaviours and practices.
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The year 2023 promised to provide a technological push through Blockchain. From Climate Action, Supply chain traceability and asset tokenisation we will have a multiple real world use cases on Blockchain. The year 2023 will be a critical year for Mainstream Blockchain adoption.
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Blockchain technology is relevant to more than just cryptocurrencies. Blockchain, however, is mainly concerned with the decentralized storage of information and the consensus of particular digital assets, which can or cannot be cryptocurrencies.
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Blockchain technology is a natural fit for GIs as they depend on origin, authenticity and quality”The technology shows consumers the geo location where the product is harvested and detailed information on who produced it. The information supplied and displayed in blockchain is reliable and tamper-proof,”
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Footprint by TRST01 is an AI and blockchain-powered platform revolutionizing ESG tracking, measurement, and reporting. Adhering to global standards, it provides industry-specific insights, comprehensive supply chain reporting, and credible ESG disclosures, fostering transparency and accountability in business sustainability practices.
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There is a famous quote by Mahatma Gandhi – “Earth provides enough to satisfy every man’s need, but not every man’s greed”. We all agree that there should be economic progression but not at the cost of environmental degradation. There should be a balance between environmental sustenance and economic advancement. We cannot continue to pollute the atmosphere, poison the ocean and exhaust the land. This isn’t any more available.
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In the post-pandemic era, the importance of food traceability is growing in magnitude. Consumers want to know everything about the journey of their food from the farm to their tables. People want to know about the ingredients, chemicals, fertilizers, pesticides and other additives that go into producing their food, including the geo-location from where the foods have been sourced. That’s where traceability comes in.
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