OpenSC Offering Overwhelmed
Congratulations to Dermot O'Gorman and Reece Proudfoot and Markus Mutz for the announcement that OpenSC, a collaboration between WWF and BCG Digital Ventures, has raised US$4M to continue work promoting sustainability and ethical practices in supply chains.
Supply chains have been a fertile ground for blockchain use cases for several years now, and to see the backing of investment in non-token projects like these, which can provide much lower cost proof of certification as well as reduced fraud in supply chains is fantastic.
Or as Mr Mutz puts it:
"Those who produce the products sustainably and ethically find it hard to be rewarded for their efforts...customers find it hard to identify sustainably and ethically sourced products."