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Blockchain tracking sweetens the pay of Ghana’s cocoa farmers

Koa aims to help Ghanian farmers increase their pay while allowing cocoa consumers know exactly where their beans have come from.
Cocoa product startup Koa launched a blockchain-based program this week that improves the transparency of its cocoa supply chain and ensures its Ghanaian farmers are being paid properly.The program is supported by partnerships with German supply chain company Seedtrace and South African telecoms company MTN Group. Koa said it hopes to “improve transparency and accountability” by ending what it calls “scandals and cocoa farmer poverty.”Corporations such as Oreo and Chips Ahoy producer Mondelez have been accused of paying farmers a rate below a living wage by the Conseil du Cafe-Cacao which regulates cocoa production in Ivory Coast and Ghana. Koa believes publicly documenting payment records on a blockchain can eliminate such practices.Seedtrace provides the platform for Koa’s supply chain

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We współpracy z: https://cointelegraph.com/news/blockchain-tracking-sweetens-the-pay-of-ghana-s-cocoa-farmers

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