Blockchain technology has been making waves in various industries, and now it’s being used to revolutionize fair trade certification. Fair trade certification is a process that ensures that products are ethically produced and traded, with fair wages and working conditions for producers and workers. It’s a system that has been in place for decades, but it’s not without its flaws. Blockchain technology is being used to address some of these flaws and make fair trade certification more transparent and trustworthy.
One of the main issues with fair trade certification is the lack of transparency. Consumers want to know that the products they’re buying are truly fair trade, but it can be difficult to verify this.