oil palm supply chain dlt/blockchain use case-world bank in Togo

Build Blockchain A sustainable T he production of palm oil has risen to unprecedented levels in the past decade to meet its consumption demand. As a result, there is a great deal of public scrutiny

The potential of the circular supply chain enabled by blockchain and other technologies now make what once the African plantations that supply the world’s cocoa beans from Côte d’Ivoire, Ghana,

Blockchain, a particular type of DLT, uses cryptographic and algorithmic methods to create and verify a continuously growing, append-only data structure that takes the form of a chain of so-called

The smallholder oil palm supply chain currently uses a traditional information system and technology, hence its integrity, transparency, and security

A blockchain can also embed business rules, known as “smart contracts” into the system that apply “if this, then that” logic, making actions free of human

Emerging technologies, such as blockchain, a distributed ledger, can transform supply chain traceability as we know it and bring more transparency through the value chain, creating value to

This study aims to build a proposed model in order to transform an old system into a Blockchain-based system. The smallholder oil palm supply chain currently uses a traditional information

Emerging technologies like blockchain could have a transformative impact on the palm oil industry not only by creating near-perfect transparency in

Distributed Ledger Technology (DLT) and Blockchain Fin T ech Note No. 1 f© 2025 International Bank for Reconstruction and Development / the World Bank 1818 H Street NW Washington, DC

The food manufacturer is using the OpenSC blockchain for tracking the supply chain of New Zealand milk to Nestlé factories and for verifying palm oil sustainability. A few months ago, the World Wide Fund for Nature

The study has developed unique contributions in terms of developing predictive modeling, blockchain architecture, and deep learning in palm production to leverage the

Blockchain technology is emerging as one of the most transformative forces to have ever reshaped supply chain management, with unique transparency, security, and efficiency.

This technology allows us to track deforestation-free palm oil using satellite imagery and data layers of oil palm plantations, forests, and peat, as well as with supply chain linkages.

Emerging technologies, such as blockchain, a distributed ledger, can transform supply chain traceability as we know it and bring more transparency through the value chain, creating value

That means data cannot be freely copied and edited to create an alternative version of the truth, which is why blockchain technologists refer to it as the “trust platform”. Using blockchain

Thanks to its enabling potential for digital proof of identity and costless verification, blockchain could have a wide range of applications, in the financial sector and beyond. These include

Abstract and Figures The challenges faced by the palm oil industry in Indonesia lie in the supply chain risk management, specifically in the integration of decision-making at the

Topics News A better model for the palm A better model for the palm oil supply chain This highly prized commodity is making improvements to its value chain from improved

The DLT allows firms and individual users to unlock new opportunities for growth and development. The actual use cases for blockchain technology listed here highlight blockchain technology’s potential to

Blockchain, a particular type of DLT, uses cryptographic and algorithmic methods to create and verify a continuously growing, append-only data structure that takes the form of a chain of so