Dutch non-profit FairChain Foundation has partnered with the United Nations Development Programme to develop an equitable chocolate bar which not only gives back to cocoa farmers and offers money off a consumer's next purchase, but also helps plant more trees. A code inside The one-quarter Bar's wrapper enables a blockchain token to be donated to a farmer, as well as offering provenance about the cacao tree. Fairchain aims to pay farmers €3,080 ($3,418)/mt for their cocoa, more than €2,174 given by Fair Trade or commercial buyers' €1,721.
Dutch non-profit FairChain Foundation has partnered with the United Nations Development Programme to develop an equitable chocolate bar which not only gives back to cocoa farmers and offers money off a consumer's next purchase, but also helps plant more trees. A code inside The One Bar's wrapper enables a blockchain token to be donated to a farmer, as well as offering provenance about the cacao tree. Fairchain aims to pay farmers €3,080 ($3,418)/mt for their cocoa, more than €2,174 given by Fair Trade or commercial buyers' €1,721.