Popular on Amzeal
- From Courtroom to Coinstore: Gram Trading Launches, Marking Lantah's Defiant Trademark Victory
- Generative AI University and Small Business Results Unite to Help Entrepreneurs Optimize Marketing and Growth
- Letters Of Hope ! Postal Apocalypse #LettersOfHope
- Unmissable Lease-to-Own Opportunity: Luxury Home in Rotonda West with a Thriving Airbnb Business
- New Automated Platform Expands VSA's Omnichannel Capabilities
- THINKWARE Announces Labor Day Dash Cam Specials
- DialCare Announces New Chief Information Officer
- Tobu Railway Is Operating the "Oze Night Train 23:45" On Select Dates in August, September, and October 2024!
- EVO Solar Inverters in Stock: Celebrate the 15th Anniversary with New Product Launch
- Art-Tech Rise Celebrates Success of First Hackathon with Innovative Game Demo on Ocean Cleanup
Similar on Amzeal
- TrustVare Giving New OST Converter Software Update
- Energies Media: Unifying Insights Across the Energy Spectrum
- Sycamore Hills Dentistry Welcomes the Yomi Robot: The Future of Dental Implant Surgery
- HFES Launches Refreshed Website Design for Inclusive Collaboration and Engagement
- The Kendall Project Accelerating AI Roadmapping Efforts Across Key Industries
- TalentWell Launches Next Generation of AI-powered Talent Sourcing with Automated, Personalized Videos
- Govrn Unveils AI Assist to Address Board Data Challenges and Information Overload in the Boardroom
- L-Tron announces OSCR360 Tablet Software release v.2024.94.0
- OSCR360 featured at NYS Police FIU exhibit at the NY State Fair for Second Year
- Datavalet is a Great Place to Work for the Second Year in a Row
The Data Economics Company and Smallholder Data Services announce breakthrough in solving data traceability in regenerative agriculture
Amzeal News/10503593
Lydion-powered Data Networks enable farmers to generate farm-level data as an agricultural product while giving large buyers confidence in production supply chains
LOS ANGELES - Amzeal -- The Data Economics Company (DECO) and Smallholder Data Services (SDS) have launched the first deployment of the SDS Platform software to provide visibility, traceability and verification for farmers' regenerative agriculture products from farm-level data and via the Lydion® Engine. As a result, enterprise-level agricultural product buyers from food and clothing manufacturers are able to trace and audit farm products with sufficient certainty to confidently market end products for consumers as "regenerative."
SDS has received a grant from The Rockefeller Foundation grant to support research and development of mobile implementations of the SDS platform and to improve smallholder farming practices including adaptive landscape management with an aim of boosting yields and market access for smallholder farmers in Thailand, Haiti, Ecuador and the Dominican Republic.
"Regenerative agriculture means each farm's contribution to and relationship with its ecosystem is essential" said SDS co-founder Hugh Locke, president of the Smallholder Farmers Alliance. "This initiative sets us on a course to allow brands to break down barriers between buyers and farmers. This is especially useful for regenerative agriculture and its holistic inclusion of not only the ecological and agricultural impacts, but also the human stories of farmers, their families and their communities."
In his capacity as President and co-founder of the Smallholder Farmers Alliance, Locke also served as a virtual panelist for the Climate Challenge Lab series which occurred in parallel with the COP27 Climate Implementation Summit.
More on Amzeal News
"The power of the SDS platform is that it enables an economic model that aligns incentives all the way through from smallholder farmer to large consumer brands and sustainability-conscious consumers." said Jennifer Hinkel, Managing Director and Chief Growth Officer at DECO. "Provable, traceable data about the regenerative nature of farm products has value to consumers and brands, and as a result, SDS creates a positive loop for farmer participation and the adoption of regenerative practices that benefit farm communities and climate impact more broadly. Our key thesis at DECO is that the science of data economics can likewise enable numerous positive economic loops where data generators—in this case, the millions of farmers on small plots that make up about a third of the world's population—can capture the value of that data to a broad economy, opening up new possibilities for their farms and communities as well as for consumer brands "
Smallholder Data Services currently has implemented its technology in Haiti for cotton and Thailand for rubber. SDS helps its customers, including Fortune 500 companies, execute on 2030 sustainability commitments and measure their success through traceability, transparency, and verification.
An April 2021 report by national law firm ArentFox Schiff emphasized the imperative for brands to ensure regenerative standards are met before marketing products with "regenerative" labels: "Fashion brands making claims about regenerative farming have to develop rigorous systems of monitoring and quality assurance far down the supply chain in order to verify that the raw materials they are sourcing and using are, in fact, grown using regenerative techniques and that any advertised environmental benefits are adequately substantiated."
SDS is the first technology company to meet this demand from fashion brands.
"This is an exciting moment for Regenerative Agriculture as more companies and brands around the world are taking steps to act from a whole systems perspective and make bold investments in the future of agroecosystems," said SDS co-founder Tim Tensen, a Partner at TerraGenesis. "This agtech and social innovation opens up the impact of agriculture on the environment, as well as the social impact on families and communities."
More on Amzeal News
"Smallholder agriculture is one of the largest underutilized segments of the global economy," said Smallholder Data Services' Frederic "Mac" McCabe, an experienced sustainability CEO and CFO who is serving as SDS CFO. "SDS work here represents a potential shift in allowing smallholders to use their data to help all of us reach our full potential."
The Lydion® Engine, developed by DECO, is an operating system for decentralized applications. It powers secure, private Lydion Data Vaults that enable people and companies to package and productize their data as valuable digital assets called Lydions. With Lydion-based platforms and applications, users can control, utilize, share, transact, and monetize their Lydions over private networks without losing ownership or control of the underlying datasets.
About Smallholder Data Services
The SDS platform, built using the Lydion® Engine, provides an example of decentralized data ownership and community stakeholder representation. SDS enables decentralized and peer-to-peer governance, smart contracts, and context-appropriate agreements sourced from producers' communities, bringing traceability and data utility to smallholder farmers and crop buyers worldwide through the power of data economics and regenerative agriculture. More at smallholderdataservices.com.
About DECO and the Lydion® Engine
The Data Economics Company invented the Lydion® digital asset format in 2019 to enable enterprises to price and unlock the latent value and utility of their data. A Lydion is a data container that uses a patented method called Transactional Proof-of-Work to prove the value of data contained within and enables the owner to transact and monetize that value without losing control of the underlying data. The first proven use case for Lydions focused on the health care sector, enabling pharmaceutical companies to reduce the cost of expensive oncology drugs based on clinical performance. Since then, Lydion-based applications have gained traction in the agriculture, climate, finance, gaming, and education sectors.
SDS has received a grant from The Rockefeller Foundation grant to support research and development of mobile implementations of the SDS platform and to improve smallholder farming practices including adaptive landscape management with an aim of boosting yields and market access for smallholder farmers in Thailand, Haiti, Ecuador and the Dominican Republic.
"Regenerative agriculture means each farm's contribution to and relationship with its ecosystem is essential" said SDS co-founder Hugh Locke, president of the Smallholder Farmers Alliance. "This initiative sets us on a course to allow brands to break down barriers between buyers and farmers. This is especially useful for regenerative agriculture and its holistic inclusion of not only the ecological and agricultural impacts, but also the human stories of farmers, their families and their communities."
In his capacity as President and co-founder of the Smallholder Farmers Alliance, Locke also served as a virtual panelist for the Climate Challenge Lab series which occurred in parallel with the COP27 Climate Implementation Summit.
More on Amzeal News
- Life with Lucia and Glynn: A Global Duo Spreading Joy Through Matching Shirts and Adventures
- Luxury Real Estate Agent James Edmunds lists luxury beach home in the heart of Deerfield Beach
- Sycamore Hills Dentistry Welcomes the Yomi Robot: The Future of Dental Implant Surgery
- MGN Logistics, Inc. and Arvo A.I. Ltd Forge Game-Changing Partnership to Supercharge Freight Management!
- HFES Launches Refreshed Website Design for Inclusive Collaboration and Engagement
"The power of the SDS platform is that it enables an economic model that aligns incentives all the way through from smallholder farmer to large consumer brands and sustainability-conscious consumers." said Jennifer Hinkel, Managing Director and Chief Growth Officer at DECO. "Provable, traceable data about the regenerative nature of farm products has value to consumers and brands, and as a result, SDS creates a positive loop for farmer participation and the adoption of regenerative practices that benefit farm communities and climate impact more broadly. Our key thesis at DECO is that the science of data economics can likewise enable numerous positive economic loops where data generators—in this case, the millions of farmers on small plots that make up about a third of the world's population—can capture the value of that data to a broad economy, opening up new possibilities for their farms and communities as well as for consumer brands "
Smallholder Data Services currently has implemented its technology in Haiti for cotton and Thailand for rubber. SDS helps its customers, including Fortune 500 companies, execute on 2030 sustainability commitments and measure their success through traceability, transparency, and verification.
An April 2021 report by national law firm ArentFox Schiff emphasized the imperative for brands to ensure regenerative standards are met before marketing products with "regenerative" labels: "Fashion brands making claims about regenerative farming have to develop rigorous systems of monitoring and quality assurance far down the supply chain in order to verify that the raw materials they are sourcing and using are, in fact, grown using regenerative techniques and that any advertised environmental benefits are adequately substantiated."
SDS is the first technology company to meet this demand from fashion brands.
"This is an exciting moment for Regenerative Agriculture as more companies and brands around the world are taking steps to act from a whole systems perspective and make bold investments in the future of agroecosystems," said SDS co-founder Tim Tensen, a Partner at TerraGenesis. "This agtech and social innovation opens up the impact of agriculture on the environment, as well as the social impact on families and communities."
More on Amzeal News
- Take care of your pregnancy health with us
- The Kendall Project Accelerating AI Roadmapping Efforts Across Key Industries
- Jenni Lee Launches Kona Houses For Sale, Offering Comprehensive Real Estate Services in Kona, Hawaii and Surrounding Areas
- Cooking with Claudine Re-Launches in September with Fresh, Organic, and Gluten-Free Meal Delivery in the San Francisco Bay Area
- TalentWell Launches Next Generation of AI-powered Talent Sourcing with Automated, Personalized Videos
"Smallholder agriculture is one of the largest underutilized segments of the global economy," said Smallholder Data Services' Frederic "Mac" McCabe, an experienced sustainability CEO and CFO who is serving as SDS CFO. "SDS work here represents a potential shift in allowing smallholders to use their data to help all of us reach our full potential."
The Lydion® Engine, developed by DECO, is an operating system for decentralized applications. It powers secure, private Lydion Data Vaults that enable people and companies to package and productize their data as valuable digital assets called Lydions. With Lydion-based platforms and applications, users can control, utilize, share, transact, and monetize their Lydions over private networks without losing ownership or control of the underlying datasets.
About Smallholder Data Services
The SDS platform, built using the Lydion® Engine, provides an example of decentralized data ownership and community stakeholder representation. SDS enables decentralized and peer-to-peer governance, smart contracts, and context-appropriate agreements sourced from producers' communities, bringing traceability and data utility to smallholder farmers and crop buyers worldwide through the power of data economics and regenerative agriculture. More at smallholderdataservices.com.
About DECO and the Lydion® Engine
The Data Economics Company invented the Lydion® digital asset format in 2019 to enable enterprises to price and unlock the latent value and utility of their data. A Lydion is a data container that uses a patented method called Transactional Proof-of-Work to prove the value of data contained within and enables the owner to transact and monetize that value without losing control of the underlying data. The first proven use case for Lydions focused on the health care sector, enabling pharmaceutical companies to reduce the cost of expensive oncology drugs based on clinical performance. Since then, Lydion-based applications have gained traction in the agriculture, climate, finance, gaming, and education sectors.
Source: The Data Economics Company
Filed Under: Technology
0 Comments
Latest on Amzeal News
- BroadSource EMU Calling and Provisioning Protection (CAPP)
- SteepleMate Unveils AI-Powered Assist Tool to Revolutionize Church Management
- Women of Color STEM Conference Launches Inaugural Impact Awards
- VisualOn and Norlys Mark 10 Years of OTT Innovation, Reach Samsung Smart TV Integration Milestone
- Lineus Medical Announces a Reduction in Price for SafeBreak Vascular
- Finance Mentor: Revolutionizing Financial Coaching
- Empowering Artistry: The Fierce Feminine of ReFi Collection Debuts
- Youth Mental Health Abuse: Drugs, Sexual Assault, and Electroshock Exposed
- The Misfits Magazine Makes it Debut
- Oliver Sean's "Mama Taught Me (Dance Mix)" Featuring DJ Xquizit Hits #1 in Multiple Countries Within 24 Hours of Release
- Epic Fit Fest Celebrates Diversity, Wellness, and Community in Grand Prairie, Texas
- New Jersey Pediatric Neuroscience Institute Opens State-of-the-Art Pediatric Neuroscience Center in Hamilton, NJ
- THINKWARE Announces Labor Day Dash Cam Specials
- Black Women Talk Tech's 'Roadmap to Billions' Conference Debuts in Toronto – Empowering Black Women in Tech
- Kaplan Morrell Named Exclusive Workers' Compensation Firm for Greeley Police Officers Association
- Hoffman Homes Unveils New Brand
- Hanover Area YMCA Academy of Early Learning Awarded ECHO Innovation Grant
- An Officer and Gentlewoman, LLC Hired as Public Relations Partner for The Annual Atlanta Fashion and Polo Classic
- Point Source Audio Partners w/ Industry Leaders to Explore Theatre Miking Techniques in New Webinar
- EXPOSE Summer Youth Program Provides a Host of Benefits to High School Students