Name:
Algaes to save the world

Developed by:
The Blue Future Organization

Country(ies) involved:
Spain

Funding sources:
International

General idea:
Use of Blockchain to geo-locate, validate and manage an own DAO (digital decentralized autonomous organization) and generate tokens with interchangeable value in the different existing algae markets under the name of BLUE BONDS.

Description:
The objective is to give visibility to the agents involved in algae culture all over the world: institutions, fish farmers, investors, suppliers, researchers and distributors.The BFO is creating a global initiative to support the acceleration of algae and seaweed farming as well as to establish the sustainable market mechanism for the aquaculture industry, with a focus on the algae sector. BFO provides technical tools for rapid digital transformation with the purpose of enabling traceability and autonomous supply chain reporting to serve as a baseline for financial injections to further boost the growth of aqua farm related activities. BFO stimulates collaboration amongst its cooperative members and various global stakeholders to advance the implementation of enabling technologies and solutions (e.g. IoT, big data, A.I.) to help mobilize climate finance and enhance MRV (measurement, reporting and verification) to scale climate actions for mitigation and  adaptation with quality standards. BFO via its digital blue hubs provides access to the global repository of verifiable big data of the Blue Bio-Economy. BFO gives environmentally conscious investors the opportunity to target capital growth with the reassurance that their investment will be impacting the reduction of the carbon emissions globally  through BFO’s ‘Carbon Compensation Program’; a certified and audited blue carbon provider.

Sources:
http://thebluefuture.org