Zimbabwe has launched a blockchain-based carbon credit market initiative aimed at introducing greater transparency and efficiency into its ecosystem. The country is transitioning from the existing system to a Web3-based platform for carbon credit exchanges. To oversee this change, Zimbabwe has established a new regulatory body, the Carbon Market Management Authority (ZCMA), responsible for issuing licenses, approving carbon offset projects, and ensuring compliance with relevant regulations. The Ministry of Environment supervises ZCMA to enforce strict adherence to the new system. While Zimbabwe has not overhauled its carbon credit markets extensively, the shift to blockchain is considered a significant move. RippleNami, a California-based firm, highlights that Zimbabwe—Africa’s third-largest carbon credit provider after Kenya and Gabon—could become a regional leader by adopting blockchain technology. This shift may motivate other African countries to follow suit. Blockchain adoption promises to address previous issues of fraud and inefficiency. For instance, in 2023, Zimbabwe canceled several projects and demanded up to 50% of revenues, causing distrust among investors.

Now, blockchain is seen as a tool to restore transparency and credibility in the carbon credit arena. Zimbabwe also demonstrates strong faith in digital innovation by launching a gold-backed digital currency with fractional investment features and initiating plans for a central bank digital currency (CBDC) since 2022. Additionally, Zimbabwean billionaire Strive Masiyiwa’s partnership with Nvidia to establish Africa’s first AI factory signals the country’s advancement in artificial intelligence. Meanwhile, a Norwegian study emphasizes blockchain’s potential in the seafood industry to enhance supply chain transparency. Blockchain-powered supply chains can track seafood provenance from origin to retail shelves, providing immutable records of lifecycle details such as production processes, environmental compliance, and halal certifications. Producers benefit by recording critical data, including oxygen levels, fish health, egg quality, and feeding schedules, standardizing data storage and enabling consumer product comparisons. Early blockchain applications in seafood supply chains have shown promise, encouraging broader adoption. The FAIRR Seafood Traceability Engagement, supported by a $6. 5 trillion investment coalition, has enlisted seafood suppliers worldwide. Likewise, IBM Food Trust and Provenance platforms report successful blockchain use by regulators and suppliers in various regions. The integration of AI and Internet of Things (IoT) technologies is expected to further enhance blockchain capabilities in seafood supply chain management. Globally, industries are adopting blockchain to tackle challenges such as the $40 billion annual food fraud problem affecting 10% of the worldwide food supply. In Nigeria, blockchain is being advocated as a solution to the national food crisis, as the sector’s digitization is hampered by reliance on outdated technology. This trend signifies an industry-wide push for transparency and innovation, with initiatives like the digitalization of the Philippines supply chain showcasing the growing momentum.