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Bunge Global Employs Blockchain to Enhance Soybean Supply Chain Transparency

September 26, 2024 3 min read
author Anamika Mishra, Sub Editor
Bunge Global SA, in collaboration with Bangkok Produce Merchandising Public Co. Ltd. (BKP), a subsidiary of Charoen Pokphand Foods Public Co. Ltd. (CP Foods), has successfully tested a blockchain-based traceability platform to monitor the shipment of 185,000 tonnes of deforestation-free soybean meal from Brazil to Thailand. This initiative enables CP Foods to track the soybeans from their farm origin through processing and transportation to final delivery, significantly enhancing transparency in the soybean supply chain. The partnership aims to ensure that soybean products meet rigorous environmental and social standards. BKP, a key player in

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