TRST01 revamps sustainability with blockchain technology

TRST01, a company specialising in sustainable technology, is transforming how businesses adhere to global environmental regulations with advanced solutions that enhance transparency, traceability, and ethical integrity across supply chains.

Amidst a rising emphasis on sustainability and carbon reduction in business strategy, TRST01 aims to facilitate smallholder farmers and multinational corporations in achieving these goals.

Central to TRST01's objectives is the promotion of sustainability as a core business strategy, rather than merely meeting compliance standards. The company offers advanced tools for supply chain traceability, Environmental, Social, and Governance (ESG) reporting, and secure carbon credit management.

These tools are designed to help businesses achieve Net Zero targets and foster operational transparency. TRST01's technology supports both private and public blockchain protocols, ensuring the security and reliability of sustainability data tracking.

"Trust is the foundation of all business relationships, and transparency is essential for building that trust. Our blockchain-based solutions ensure businesses can create reliable, traceable systems that enable them to take confident strides in their sustainability journeys," said Kon Sui Jin, Executive Director of TRST01.

In addition to promoting sustainability, TRST01's initiatives have a significant impact on underserved communities. Through collaborations with coffee planters and rubber growers, the company helps drive compliance with European Union Deforestation Regulations (EUDR). Compliance with these regulations allows farmers to earn higher premiums for their crops. Specifically, commodities like coffee and rubber fetch 10-15% higher premiums than standard list prices, providing a direct boost to farmers' incomes.

TRST01 is also instrumental in pioneering regenerative finance. By implementing innovative methodologies such as the Alternate Wetting and Drying (AWD) technique in paddy cultivation, the company reduces water consumption and cuts greenhouse gas emissions. Such practices make farmers eligible for carbon credits, which can then be traded in carbon markets. For example, AWD in paddy farming can earn farmers an additional USD $30 per hectare. This model not only supports environmental sustainability but also provides an economic incentive for adopting eco-friendly practices.

Blockchain technology is a critical component of TRST01's strategy for fostering trust among different stakeholders in the supply chain. The inherent trustless nature of blockchain enables transactions and tracking without intermediaries, thereby ensuring data transparency. This approach secures the tracking of sustainability efforts while simultaneously enhancing profitability and reducing environmental impact.

"Blockchain is one of the most powerful tools for creating trust without the need for intermediaries, and our solutions harness this power to create transparency in supply chains. This transparency not only builds trust but also empowers businesses to confidently pursue their sustainability goals," added Kon Sui Jin.

Headquartered in Singapore with operations spanning India, Australia, and the Middle East, TRST01 aims to be a pivotal player in the global movement for sustainability and regenerative finance. The company's adaptable and easy-to-implement solutions enable businesses to transform their operations in ways that benefit people, the planet, and profitability.