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Web3 technologies, particularly blockchain, are crucial in achieving effective sustainability traceability, which is vital in building a greener future. With these technologies, product lifecycles can be tracked transparently and tamper-proof, ensuring that sustainability standards are met in different industries. In food production and fashion, for instance, Web3 can guarantee ethical sourcing, fair payment, utilization of sustainable materials, and compliance with labour standards.
The impact of transparency on regulatory policies and consumer behaviour is undeniable. The public’s increasing awareness of the impact of consumption has led to a surge in the value placed on verifiably sustainable products. Web3 technologies offer incredibly powerful verification tools that encourage businesses to adopt more environmentally friendly practices. Moreover, unalterable data can provide regulators with the means to enforce sustainability standards and enable NGOs and activists to hold corporations accountable. This shift represents a significant step towards a more sustainable future.
The integration of Web3 technologies in sustainability traceability has the power to transform our approach to sustainability completely. By promoting accountability and transparency, it can foster sustainable business practices, which will not only benefit the environment but also contribute to global equity and well-being. This integration has the potential to usher in a more sustainable and transparent global economy.
PDS is one of the most significant welfare programmes of the central administration, helping farmers sell their produce at remunerative prices and the lower sections of society to buy food grains at affordable rates. India’s Public Distribution System (PDS) is one of the most extensive food distribution programs globally, as It distributes over 19 million tons of rice and wheat to around 27 million citizens of the nation. India’s population had increased from 1,210 million in 2011 to an estimated 1,371 million in 2020. As per estimation, 67% of 1,371 million, or 921 millionpeople, should be covered by the PDS. But the number covered continues to be 813 million, implying that at least 108 million
Footprint by TRST01 leverages AI and blockchain to offer comprehensive, customizable ESG reporting. Adhering to global standards and connecting to UNSDGs, it ensures data integrity, enhances supply chain transparency, and aligns with the triple bottom line – Planet, People, and Prosperity
The urgent need for climate action demands carbon footprint measurement, ESG reporting, and supply chain traceability. TRST01 platform provides organizations with tools to accurately track and measure greenhouse gas emissions, reduce environmental impacts, manage suppliers’ performance, and enhance reputation. Web3 technology and smart contracts can secure transparency and efficiency in tracking sustainability data, enforcing compliance with environmental and social standards. Collaboration between organizations, industries, and governments and industry-wide initiatives like GRI, SASB, CDP, and SBTi can accelerate the transition to a low-carbon economy. Despite challenges, innovation and growth opportunities arise in developing new technologies and practices to build a sustainable global economy
TRST01’s Web3-enabled supply chain management platform revolutionizes the food and agriculture sector by integrating with existing systems, fostering collaboration, promoting sustainability, and empowering consumers. The platform enhances transparency, traceability, and security, addressing key challenges in food safety and sustainability, and offering a competitive advantage to companies adopting this innovative solution.
The TRST01 Web3 Framework empowers businesses to reduce supply chain carbon footprints by enhancing transparency, traceability, and automation. This approach fosters collaboration, informed decision-making, and sustainable practices for a greener future.
TRST01 rebuild the supply chains by providing partners and consumers with trusted data with complete value chain traceability functionality. Technology interactions and interfaces help connect producers and consumers with various actors in the value chain, subsequently building transparency and trust in the ecosystem.
Trust, traceability, and transparency of the supply chain are vital to ensure food safety standards.
The use of Blockchain among various industrial sectors is prominent since the raw material is received and transformed into the final product suitable for use or consumption.
The application of Blockchain in the Public Distribution System improves efficiencies, Stop misappropriation.
Blockchain ensures complete traceability, and transparency prevails in process
Trust, Traceability, and Transparency are increasingly becoming important as consumers become more aware and vigil on their consumption/usage pattern. Over the last couple of years, the SCM has necessitated new information dynamics
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Sailaja is a successful entrepreneur who believes in her passion and dedication. She has a master in business management from Herriot Watt University. She worked as a CEO for a Pharma chain in Hyderabad, and years later, she pursued her dream for pastry and got a degree in pastry from Le Cordon Bleu College, London. She started and established her patisserie in Hyderabad, getting the tastes from Global travel, infused her finesse to products taking her brand a notch higher.
Krishna Vallapu is a technology evangelist and Entrepreneur, graduated from Nagarujuna University and trained in IIM, Ahmedabad. Proven track record in building futuristic products, surpassing goals, and expectations for quality. Superior expertise with developer supervision and client relations. Out of box thinker who thrives in collaborative environments, working across business and technical teams.
Inder has an MBA in Finance in India. Utilizing his Finance background he rose through the ranks in the banking sector in the US and then after receiving his MS in Healthcare Services Administration he started his career in healthcare at the Tufts Medical Center, Boston.
Inder’s growing understanding of the expanding role of technology in healthcare caught the attention of the bureacracy and was invited to work on the Patient Privacy and Electronic Records Committee for the State of Massachusetts and later on at the State of Georgia Department of Health and Human Services. These were in the years immediately preceding the development and roll-out of Health Insurance Portability and Accountability Act (HIPAA).
Sensing a rise in ERP movement, Inder joined a software company and worked on managing ERP solutions projects in the manufacturing sector where his clients included the Coca Cola Company, Sara Lee, International Paper, Siemens (Canada) etc .
In 2008 he came to India with the aim of realizing his cherished dream of working in India. He served as the CEO of a EMR software company, and later on led the Digital Transformation at several hospital groups as a group CIO and Vice President. Inder has to his credit, several published articles in national and international healthcare technology management and as an invited speaker at various private and government conferences. He has also been cited in several articles and studies including one at the National Library of Medicine in the USA.
In his spare time Inder indulges in travel and reading.
A versatile and passionate leader with 20+ years of expertise in IT Business & Product Strategy, Market Access & Distribution models and Talent Acquisition. Seasoned Investor. Founded multiple successful businesses & Angel Networks.
An IIM – K alumnus, before embarking on his successful multi sector entrepreneurship journey, Puru served various Fortune 500 companies in Senior Leadership roles. His last corporate stint was with Bank of America.
Suraj is an entrepreneur, with more than 2 decades of experience in creating various successful enterprises, a seasoned investor funded multiple startups, specialize in creating healthcare delivery infrastructure, board member and strategic advisor, skilled in Healthcare, Telecom, IT Strategy and Market outreach.
A Technology Leader and Entrepreneur with a proven track record of building and managing innovative solutions in digital content delivery. Demonstrated history of delivering strategic solutions in Cable, Media & Entertainment industries. Expertise in building interactive ad solutions, advertising platforms, Live Streaming(QAM, OTT, PPV), subscription-based Video (SVOD, AVOD, TVOD) services, Cloud DVR, and Broadband/WiFi services at scale across a multitude of infrastructure options(On-Prem, Hybrid Cloud, Cloud Native, Cloud Agnostic). A strong business development professional and an entrepreneur at heart with a Master of Technology focused in Computer Science from Birla Institute of Technology.
An Investment Banker, Startup coach, Mentor, Strategic planner. Sector expertise Social, Agritech, Edutech, Healthcare, eGov Strategic Planner, M&A, Transaction Structuring, negotiations and valuation, An IIM-A Alumni with more than two decades of experience.
