[IMPACT]
General concept
NFTs will contain a metadata field "lock" policy only known by the Producer then the Producer will be able to use the policy to create the Product securely. The Product created will refer to the NFT Certification by its first transaction that contain token minting end user will be able to verify the product certification and traceability .
Application
This solution lower the barrier for usage of Cardano for certification and traceability, lower the cost, remove the middle man and create a decentralized system. Moreover this system support adding IoT data in the metadata transaction, develop digital product identity and advertisement (post NFT on twitter or Instagram soon) and the development of self sovereign governance and alignment of producer and consumer.
Thus we are working on several model aim to target several industries in Africa and deliver low cost, secure traceability solution:
($2000) Drugs traceability opensource solution
($2000 funded, ongoing) Smallholders farm and food traceability opensource solution
Drugs traceability
From all the fake drugs reported by the who between 2013 and 2017 42% of fake drugs came from Africa. Fake drugs for pneumonia and malaria may killing around 250000 children's for a lucrative turnover of 200 billion each year.
Many permissioned blockchain offer to tackle the pharma supply-chain counterfeit issue however most of them are not open source and too expensive for low and middle income countries.
We are working on an opensource pharma supply-chain traceability solution composed of a web app and mobil app that will allow stakeholders to track and trace drugs. Decentralized and permission-less this system will allow regulators and buyers to query claims of the seller.
Stakeholder can secure the information and keep privacy while storing hash in metadata transaction but also make certification public for every consumer to verify information.
This system will decrease the cost of blockchain inclusion in the pharma supply chain and help low and medium income countries to adopt a secure blockchain backbone at a lowercost.
Smallholders farm and food traceability
Blockchain adoption is raising in the food supply chain including IBM Food Trust with Walmart and Carrefour. Many actor offer solution Many actors offer solution in this segment including Origin Trail, AgriChain, AgriDIgital, Agrolot, Greenfence, Mixing Bowl, Ripe, TE-FOOD. However most solution solution are expensive, permissioned and doesn't offer open source development or educational purpose reducing the blockchain use main advantages for consumer and producer.
We deliver the full documentation about the Tea production use case and are building a web-mobil dApp to connect consumer directly with organic and provenance certification of tea leaves.
Once this project completed we will apply this open source certification and traceability for Cocoa, coffee and cotton and are granting $50 worth of ADA for smallholders working with us to develop our pilot.
Our solution are open source then can help any business with medium to low budget that want to address a more global market to have inexpensive certification and traceability tool secured by Cardano blockchain. It will help for the development of NFT standards and to provide solution in different sector. Moreover it help for regulator of the supplychain to build a more sustainable and operational supply chain.
We are working to establish a realistic model and NFT use case based on research conduct on site and communicate with pharmaceutical company based in Africa to discuss about open source traceability solution based on the blockchain.
The main risk is the low adoption of our system. Our goal is to create a solid community and user that will prevent this low adoption and help to develop the solution
The second risk is the enterprise grade application. Our model and app are prototype that need to be elaborated and tested by several stakeholders in different situation. We are currently working on it to improve our solution.
The third risk is the price of our solution: Every token transaction will cost 1.4ADA to perform that can be rapidly costly for a smallholders farmers. More however a lot of education needs to be done to help considering this type of solution.
[FEASIBILITY]
For the next 6months aim to work with researcher and developer to build an interactive website and our inhouse tool to develop this platform.
We aim to develop partnerships with industry in different sectors and build several uses cases with the goal to improve the supply chain sustainability.
Our budget is separated in
- The development of the UI and blockchain documentation
$200 to set the scope of the project and work on the specification
$600 to work on the webapp aim for the industrial, regulator
$600 to set the prototype mobil app
$100 for testing
- Communication tool
$500 set a Website and communication content
- Research work and publication
$200 to find industrial partnership and research scholar
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Specialist in the supply chain
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Website developer
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We are looking for a communication/marketing partner
[AUDITABILITY]
We will look at the following metric:
- The partnership with developer
- The number of brand that want to work with us
- The NFT and transaction created using our system
- The number of user that actively use our tools
The success is an adoption for the supply chain in several different sector with several certification in multiple domain
This proposition is a more broader when from the previous proposition <https://cardano.ideascale.com/c/idea/381038>
SDG Rating
Education , infrastructure development,sustainability