Letter of Intent for Development of System to Trace Cattle, Crops and Carbon CreditsBion Environmental Technologies Inc • November 17th, 2023 • Agricultural chemicals
Company FiledNovember 17th, 2023 IndustryThis Letter of Intent (LOI) between Transparency Wise Technology LLC (TW) and Bion Environmental Technologies, Inc (BNET) reflects the intention to explore working together to support agricultural producers and their adoption and implementation of more sustainable and regenerative production practices. The parties are focused on providing producers and supply chain participants with resources and technology to measure, verify, and report regenerative practices and climate-smart impacts while assessing opportunities for improvement. TW and BNET will endeavor to reach an agreement setting forth mutually agreed upon terms pursuant to which TW will provide Bion and their producers with their AgWise.io agricultural data management platform to measure, monitor, report, and quantify data. Relevant data will be shared with relevant supply chain stakeholders and, ultimately, with the consumer via the Transparency Wise consumer app. To further facilitate trust and transparency throughout the sup