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TIME Magazine | December 15, 2019

BanQu: One of TIME Magazine’s Best Inventions of 2019

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TIME Magazine included BanQu’s blockchain-based technology as a “Special Mention” on its list of the best inventions of 2019.

BanQu’s technology uses blockchain ledgers to create a digital paper trail from fair-trade farms all the way to the end user. TIME Magazine has recognized this technology as one of the best inventions of 2019 in the “Special Mention” category.

Fair-trade focused companies face a dilemma: how can they prove their product comes from where they say it does? Enter BanQu, a blockchain-based technology that digitally logs every single transaction—from the small-scale farmer that sells raw materials to the broker who buys them from the middleman.

Read TIME Magazine’s full BanQu profile.

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