Musim Mas and MUFG Bank, Ltd.(MUFG) have joined forces to launch a POC (Proof of Concept) to trial the application of Web3 in establishing a verified deforestation-free value chain with independent smallholders in the Sambas region of Kalimantan, Indonesia.
In anticipation of forest and land fires in Indonesia this year, one of the largest integrated palm oil companies globally, Musim Mas, ramped up its training and simulations in June 2023, attended by the Musim Mas' Firefighting team and its Fire-Free Village Program (FFVP). The group's approach is aligned with initiatives from the Indonesian government.
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