Thread by @stader_hbar

Fresh Supply Co (FSCO), the largest user of @Mastercard Provenance & a partner of @CommBank

Has migrated from the private #Mastercard blockchain to @hedera network...🔥

For Real-World Asset (RWA) tokenization 🪙 and is digitizing the farm-to-fork concept!

Let's know how 🧵👇🏻

1/What used to happen earlier?

In the traditional agrifood value chain

Covering the entire process of;
🌾 Producing
🚜 Processing and
🧺 Distributing agricultural products used to consume a lot of time!

And that made 👇🏻

2/Made this entire process complex & opaque:

What happened next was...

It also left financiers with less clarity & little insight (beyond their balance sheet and P&L account during #CreditRiskAssesment) 👀

How is @FreshSupplyCoAu bringing a change here? 👇🏻

3/By tokenizing assets & events throughout the agrifood supply chain:

@FreshSupplyCoAu is actively & keenly digitizing the food production & trade 🧑🏻‍🌾

Leading to...

🌾 Complete transparency
🌾 Deep & verifiable data for financiers

And 👇🏻

4/Through FSCO, the events throughout the value chain:
Such as the transformation of cow 🐮 to beef

From milk to cheese 🧀 and other processes such as;
🚚 Shipping
📝 Customs
📦 Fulfilling of standing orders have got tokenized, tied together & tracked with complete transparency!… twitter.com/i/web/status/1…

5/And from the overall system's perspective:

These events taken care of by FSCO helps in maintaining;
🌾 Proof of quality
🌾 Specification & #sustainability for parties throughout the agrifood value chain!

This leads to 👇🏻

6/Financiers having a better idea to analyze & validate...:

The goods & assets that are flowing in ➡️ and out ⬅️ of business

Hence making them understand the cash flow better 💸

Such events also trigger 👇🏻

7/Conditional Payments:

A functionality that #FSCO is planning to retain

While still allowing for engagement within the #Mastercard ecosystem!

And why did FSCO migrate from another blockchain to #Hedera? 👇🏻

8/Why did @FreshSupplyCoAu choose the @hedera network?

FSCO is migrating its existing business onto Hedera

And is leveraging the Hedera Consensus Service (HCS) & Hedera Token Service (HTS)

Not just this 👇🏻

9/It's also planning to integrate with the Hedera Guardian in the future...

To work with governmental institutions

By choosing the @hedera network, FSCO plans to build the ledger-centric infrastructure to;
🌽 Trade, get credentials
🌽 Tokenize and
🌽 Finance food systems!

10/Check out FSCO here 👇🏻
fsco.io

Also, #HBARbarians, for;
✨Juicy updates
📢 Latest announcements and
👀 Better understanding of the Hedera ecosystem

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