APEC 2018 in Port Moresby with the theme “harnessing inclusive opportunities, embracing the digital future” has truly become a launch-pad for building digital economies not only for Papua New Guinea and APEC member countries but also for non-APEC Pacific Island member countries. Fiji and PNG are in the lead to trial the emerging technologies including blockchain and the use of distributed ledger technology. Fiji is one of the non-APEC member Pacific Island countries that embrace blockchain technology.
TraSeable Solutions is a Fijian blockchain start-up that supports global seafood sustainability through a blockchain-ready software-as-a-service (SaaS) platform for seafood traceability that fosters collaboration between stakeholders, leverages and integrates Internet of Things (IoT) technology, and facilitates transparency by providing regulators with the means of verifying and validating end-to-end forward and backward traceability of seafood products.
Seafood traceability is increasingly becoming a focal point to address the entry of illegally and unethically produced products into the supply chain. More and more, experts view full supply chain traceability and transparency as the only way to ensure against the continued entry of illegally or unethically produced seafood products into the seafood supply chain.
Blockchain can be a significant part of the solution – providing the full transparency and traceability required to enable the market to reward responsible and ethical producers, and push those that are illegal and unethical out of the supply chain.
Sometime soon, American consumers may be able to purchase tuna labeled with a QR code that can be scanned to reveal when and where the fish was caught, and by whom. This new blockchain project aims to prove that a completely transparent, traceable seafood supply chain is possible, and can curb misdeeds on the high seas.
In a significant development for global fisheries, blockchain technology is now being used to improve tuna traceability to help stop illegal and unsustainable fishing practices in the Pacific Islands tuna industry.
TraSeable is sponsoring a Future of Fisheries project at the University of South Pacific, USP‘s IEP programme where the goal of the project is build a decentralized application (dApp) on the Ethereum blockchain that can complement TraSeable’s seafood traceability platform.
Expecting a future demand for blockchain developers in the Pacific, TraSeable is helping to develop the first generation of Fijian blockchain developers.
So, why a traceability startup?
Very simply – the seafood traceability space is ripe for disruption through technology innovation.
There are so many exciting technological advances now that when combined have the potential to make things previously impossible, now possible. Internet of Things (IoT), blockchain, and Artificial Intelligence (AI) are just a few technologies that are now being applied to multiple domains.
TraSeable Solutions founder Kenneth Katafono has attended the Blockchain Pasifik 2018 conference in Port Moresby, Papua New Guinea in October to present the seafood transparency and traceability. Kenneth is working with ICDP to develop Pacific partnerships, particularly in supporting existing projects relating to blockchain and ICT.
Other Pacific blockchain startups that were presented at the International Blockchain Pacific 2018 conference are; Coin-sure, a PNG-based blockchain startup developing a blockchain-based cryptocurrency insurance software that will underwrite cryptocurrency transactions and crypto-wallets.
Tano Network, a blockchain-based land titles registry and management system that will eliminate corruption by preventing duplication of titles and delay in processing, developed by Kilakila Secondary School students from PNG.
Birdwing Network, a blockchain-based National Identity Registration and Management System in PNG developed by Kopkop College students.
Diwai Network, a blockchain-based global carbon emissions trading platform to combat climate change by creating an economy for the preservation of forest stocks via a compensation mechanism is developed by Don Bosco Technical Secondary School students from PNG.
Doa Network, a blockchain-based digital currency (cryptocurrency) that is fully subject to existing PNG Monetary Policy and can be deployed to sectors that cash is either risky or problematic to utilize, is developed by Port Moresby International School students from PNG.
Vanuatu was represented by Sandra Hart of Oxfam International who leads a pilot project that will use a blockchain digital asset platform to deliver quicker, more efficient and traceable cash transfers to people affected by disasters in Vanuatu and elsewhere.
Solomon Island was represented by Sharon Inone, who is an environmental scientist and climate change activist, said Solomon Island would welcome any blockchain-based startups to solve some of its problems faced by the country today.
Tonga, Samoa, Tuvalu, Cook Island, Kiribati, Marshall Island, New Caledonia, Micronesia, France Polynesia and other smaller Pacific Island countries were not represented at the International Blockchain Pasifik 2018 conference in Port Moresby, Papua New Guinea and the upcoming 2019 Blockchain Pasifik conference is open for Pacific Island countries and some of them may attend to showcase their blockchain-based startups to this Pacific Blockchain Community.
For more information about the 2019 Blockchain Pasifik conference, visit www.blockchainpasifik.com or email: hello@blockchainpasifik.com or call +675 7260 1900. - Via Garamut News.
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