Firstly, it provided valuable insights into managing feed price volatility while determining the purchase price with dairy farmers. This allowed for the protection of farmers’ profits and ensured a fair share for the farmers.
Secondly, the project identified gaps and opportunities in feed procurements, enabling farmers to make bulk purchases from South Africa. Through improved negotiations and reduced transportation costs, this approach effectively lowered the overall cost of feed, benefiting the dairy operation.
Lastly, the use case supported Maluti Maid in evaluating options for diversifying its product range. By leveraging blockchain technology, the dairy company could explore new product offerings and make informed decisions about expanding its business horizons. Through this innovative application of blockchain technology, 4D Climate Solutions demonstrated its commitment to fostering efficiency, transparency, and sustainability within the dairy industry. By addressing critical aspects of the milk value chain, the project contributed to the growth and optimization of Maluti Maid dairy’s operations.