Review on SUKU by Adedayo Adeniji
SUKU
SUKU is a decentralized connector between transparency, open finance and traceability of supply chain. SUKU is tagged the future of commerce.
You as a farmer, manufacturer or distributor can enjoy rewards and take advantage of the many benefits of decentralized system if you share information about your SUKU traced product.
Apart from traceability and transparency the SUKU decentralized finance offers anyone micro lending and collateralization.
Since consumers get concerned about here the products as being sourced, this has called for more traceable and transparent business dealings in the supply chain and SUKU through its GS1 standards with cryptocurrency ledger based verifiable data and analytics can give feedback to consumers about products and services.
Pros
- It is decentralized
- It offers traceability and transparency
- It connects consumers to products
- It gives verifiable data and analytics for good feedback
- It gives suppliers financial access and rewards.
Cons
- Its roadmap needs upgraded with more incorporation
