Blockchain News

The U.S DoS grants Levi Strauss $800K for a blockchain-powered workers welfare tracking system

The United States Department of State is funding a blockchain-powered factory workers’ welfare tracking system. The project is being led by Levi Strauss, Harvard University, and New America.

To kick off the development of the blockchain-powered system, the U.S Department of State has pumped in $800,000.

According to Eileen McNeely, a director at Harvard’s School of Public Health:

For the last 25 years, work in supply chains has been monitored mainly by audits. We know from research serious traumatic events that this system alone is not effective. A distributed system of inquiry on the blockchain that goes right to the source [workers] offers a new solution. Most supply chain blockchain use cases are for material tracking, so leveraging this new technology for the evaluation of the human conditions is an exciting innovation.

Consensys will be the one developing the blockchain-powered system with Harvard T.H Chan School of Public Health producing a well-being index.

After completion, the blockchain-powered system will be used by Levi Straus, to monitor the welfare of workers in their three factories in Mexico.

Joseph Lubin, the founder of the Ethereum development studio, Consensys, said that the Ethereum blockchain will help increase trust and at the same time allow factory workers to “securely and anonymously share critical information.”

Lubin continued to note that Consensys will:

Develop, test, and scale a system that could empower employees, suppliers, and consumers to make informed decisions about factories, products, and brands.

The Blockchain-powered system is expected to enter test stage in the second quarter of this year with the next test stage scheduled to take place next year.

Tomicah Tillemann of New America observed that a blockchain-powered system will provide a better way to track the welfare of workers on the factory floor.

Do you think Ethereum is the best platform to host the blockchain-powered factory workers’ welfare system?

Let us know your thoughts in the comments section below.

coinmag

Philip is an experienced blogger keen on staying updated with trends and news surrounding the blockchain and Bitcoin space. With several years of freelance experience in various industries, Philip brings his knowledge and experience into the crypto space.

  1. I love your blog.. very nice colors & theme. Did you create this website yourself? Plz reply back as I’m looking to create my own blog and would like to know wheere u got this from. thanks

Leave a Comment

Your email address will not be published. Required fields are marked *