Posted on

Web3 giant Parity Technologies teams up with Watr over platform to track ethical commodities


As the US and Europe bakes in abnormal summer heat, the climate continues to climb up the world’s agenda. With everyone now talking about energy, how commodities are traded is also becoming a talking point.
Creating a “nutrition label” so that it would be possible to track the provenance of a commodity – be it coal or pork bellies – is considered by many to be the holy grail of that sector, and – these days – especially if CO2 emissions is factored in. We covered how the Watr Foundation, a Swiss-registered foundation created by experience commodities founders, plans to do this via the use of blockchains, incorporating the technology into commodities trading.
It’s now collaborating with Parity Technologies, creators of the now globally famous Polkadot (a protocol that c …

Read More