This system provides a verified history not only of the data entered by our farmer and washing station attendant, but also of payments made to individual farmers. This is a critical differentiation from previous systems, where irregular audits and bulk payments don’t allow for a transparent infrastructure for continuous, direct payments to farmers, trackable by those further up the supply chain, like roasters or consumers. Further, this system is capable of not only integrating payments to farmers— avoiding the need for cash transfers between middlemen or alternative cash transfer systems—but also enables the creation of an alternate credit history. Empowering the creation of an alternate credit history for farmers can enable farmers to take out loans where previously unable, affording new opportunities to move up the supply chain. Now, right here I want us to observe that something a bit different happens. Since our farmer is actually a part-owner of this cooperative washing station, only 90% of the funds flow to him directly. The other 10% is moved into his contribution account at the washing station as they are attempting to save up money to purchase the equipment needed to roast beans themselves. This unique functionality of our system, enabled by Topl’s blockchain, allows us to move beyond the status quo, and take the opportunity to advance and create more equitable value chains. Delivering additional value through profit sharing is not the only way that blockchain can facilitate impact creation. As demand increases for more sustainable and carbon conscious methods of agriculture, farmers could even earn carbon credits when they implement sustainable agroforestry practices. Carbon credits can be monetized by Topl’s blockchain protocol, and used to supplement farmers’ incomes. This process could facilitate an additional level of impact—incentivizing sustainable farming practices and providing visibility of the environmental impact of coffee production. From the washing station, the coffee continues its journey accumulating information to complete the story that our farmer opened. By the time it arrives in stores or cafes, a QR code is accessible to consumers, which when scanned will provide them with a complete, verified, and batch-specific story of the coffee they are purchasing. It is the transparency and reliability coupled with the ethical content of this story all enabled by blockchain technology that differentiates this coffee and justifies the price premium it commands. Our system presents a major advantage for consumers who don’t feel they can simply trust that a certification on a product means that product is ethical or sustainable. Our consumer now has the power in their own hands to verify the information they want to know for themselves. 15