Empowering EKOS' Sustainable Development Units Programme with Blockchain-based Technology
Trusticate, a leading Danish blockchain technology company, is excited to announce their collaboration with EKOS to empower their Sustainable Development Units Programme. Leveraging Trusticate's innovative blockchain-based asset inventory software, EKOS can now offer a transparent, traceable, and reliable system for transacting nature-based-, biodiversity and other sustainability assets.
Trusticate has developed a groundbreaking software that allows suppliers and buyers to track, trace and verify underlying transactions across supply chains. Built on a single registry, it provides stakeholders with access to a single version of transaction data, thereby enhancing transparency and trust across the value chain. The Trusticate registry software can be customised to tokenise any underlying asset, providing digital proof of sustainability claims to multiple stakeholders.
“Our technology provides a much-needed solution in the market, allowing for seamless tracking, tracing, and verification of transactions across supply chains. We're thrilled to be using our software to empower EKOS’s important and meaningful initiative, with an added layer of trust through our technology’s inherent transparency, proving the applicability and importance of our solutions in driving global sustainability.”
Thorkild Grothe-Møller, co-founder, CTO and CEO
One of the unique features of Trusticate's technology is its ability to fractionalise nature-based assets, a feature that opens up opportunities for increasing sales and boosting consumer engagement. This allows a broader sales scope on a fractional basis, creating more engagement for retail consumers by allowing them to trace their individual allocated sustainability units to the source of a sustainability project. Moreover, Trusticate simplifies inventory management, audit, and risk management processes, reducing the risk of data breaches and double-counting, thereby providing a more efficient and secure experience for suppliers and buyers.
Trusticate’s fully customisable digital certificates and tracker functionalities also allow for increased consumer engagement, providing proof of ownership and conveying trust through end-to-end transparency. This technology can assist suppliers of nature-based assets in commodifying the underlying value in their sustainability project, allowing for competitor differentiation.
“We are deeply committed to leveraging technology for sustainability and believe in EKOS’ vision. Our partnership with EKOS illustrates our dedication to this mission and the potential for technology to make a substantial positive impact on the world.”
Shehan de Silva, Co-founder and Head of Partnerships.
The partnership with EKOS not only marks a significant achievement for Trusticate but also serves as a testament to the expertise and dedication of the team behind it. Trusticate’s strong management, design, and tech teams are committed to driving innovation, developing solutions that not only meet market needs but also contribute to a more sustainable future.
Read EKOS’s press release here.
For more information about Trusticate and to explore its advanced blockchain solutions, check out our ‘solutions’ pages or schedule a demo.
