How blockchain can help tackle deforestation

While it’s no magic wand, developing blockchains can help supply chain transparency and companies meet no-deforestation targets.

In this podcast Jessica Verhagen, vice-president, business development and strategy, Ecosphere+, talks with Innovation Forum’s Ian Welsh about blockchain and how it can help implement corporate policies on deforestation and develop more sustainable supply chains.

Verhagen explains why, with the processes of transparency and consensus built in, blockchain can maintain transparency and ensure that all stages of the value chain benefit correctly from transactions. She explains why getting the right checks and balances into a blockchain can ensure security for all parties, including around commodity certification, and how blockchain can develop the carbon credits market.