 |
March 14, 2018, 05:35:46 PM |
|
Supply chain stakeholders such as fishermen and processors can receive Fishcoin Tokens in exchange for providing data, and the tokens will be the mechanism to reward them for their additional effort in capturing data. The flow of Fishcoin Tokens moves from buyers to sellers in the supply chain, which creates a virtuous cycle rewarding those who make the extra effort to capture data such as fishermen and supply chain intermediaries. This rightly shifts the economic burden to downstream actors in the supply chain such as hotels, restaurants and retailers who benefit most from traceability and other data as they can use such data to validate the quality of their seafood to consumers.
|
