Future Change with Kenaf

14 Nov 2022

What is Kenaf Classic?

Kenaf Classic Blockchain is the first vegetable energy and textile industry operating in a decentralized peer-to-peer network system, creating a strong environment through the use of blockchain technology. Their goal is to support the ecosystem of the vegetable energy and textile industry by introducing a plant fiber supply chain management system using Kenaf, the one of the world’s 4 largest textile plants, into the blockchain.

Why Choose Kenaf?

Kenaf, an eco-friendly alternative to scarce minerals, synthetic compounds and raw materials, is a renewable resource that delivers three times the economic, environmental and social benefits!

Rapid growth (3 crops per year)
High efficiency insulation and sound insulation
Lightweight and economical natural fiber
Ability to absorb large amounts of CO2
High production rate and biomass volume
Land enrichment
Production of organic pulp
Less energy consumption than wood pulp
Application to various value-added products
Biodegradable or recyclable

Agriculture Blockchain

The company’s goal is to support the ecosystem of the vegetable energy and textile industry by introducing a plant fiber supply chain management system using Kenaf, the one of the world’s 4 largest textile plants, into the blockchain.

What does Kenaf Classic do?

They benefit everyone in the Kenaf supply chain, from farmers to brokers, traders, exporters and buyers.

Traceability – guarantee of proof of origin along the supply chain;
Blockchain – smart contracts provide efficiency in ownership transfer and payment security;
Connectivity – smooth communication and data provision between external supply chains and programs;
Coverage – improved market visibility through wide exposure to new customers;
Concurrency – access bids / offers in simultaneous real-time market and check of transactions instantly;
Market information – providing information so as not to miss market opportunities.

KENAF NFT

Airdrop of Kenaf NFT for holders of KENAF CLASSIC. Kenaf NFT proves ownership by filing shares in land and business as NFTs, and it also demonstrates the value of Kenaf’s production, sales revenue and assets.

A non-fungible token (NFT) is a virtual token that uses blockchain technology to prove the owner of a digital asset. Addresses pointing to digital files such as pictures, videos, real estate, etc. are stored in the token and used to indicate the unique originality and ownership (ie, a kind of virtual certificate of authenticity).