BanQu

Verifying Fair Trade

BanQu

SPECIAL MENTION: Fair-trade focused companies face a dilemma: how can they prove their product comes from where they say it does? Enter BanQu, a blockchain-based technology that digitally logs every single transaction—from the small-scale farmer that sells raw materials to the broker who buys them from the middleman. Companies can trace their supplies back to the farm they came from, ensuring not just quality, but that the farmers got a fair price. —Aryn Baker

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