SUKU leverages Decentralized Finance (DeFi) protocols to increase supply chain selectivity and provide financial tools to vulnerable suppliers such as small farmers.
SUKU's network enables brands to trace, verify and authenticate every step in their product supply. SUKU's team originated from the Deloitte Blockchain Lab and has provided successful solutions to large partners including Fortune 500 companies. By gathering this information, brands gain visibility into their supply chains and are able to share verified product histories. This allows them to better access and connect with a conscious consumer market.
Contributors of information (e.g. farmers) will be rewarded with SUKU tokens as this information is captured along the supply chain. These tokens can leverage access to open finance collateral to provide microloans to individuals in need.
SUKU is positioned to provide a unique opportunity to enable the existing DeFi supply chain.