Diginex, a global blockchain solutions company, has signed a Memorandum of Understanding (MOU) with anti-slavery business association The Mekong Club, to create a blockchain-based system to protect workers from being exploited, the company said.
Of the 40 million people trapped in what is known as “modern slavery”, more than half are trapped in forced labour situations with unsafe working conditions. Diginex and The Mekong Club will work together to create tools for the private sector to identify and eradicate forced labour from their supply chains.
The Mekong Club runs a 32-member strong anti-slavery business association and has to date trained over 8,000 organisations and delivered over 15 innovative tools such as a multi-language e-learning, interactive maps and smartphone apps.
Diginex will work with The Mekong Club and its partner organisations, large multinational companies to create a pilot project that uses migration data to help companies track the migration of workers (and the associated costs) on a transparent and immutable ledger. The project will also create a mobile app for workers to ensure all contracts and documentation are maintained in their original form to stop migrants from becoming trapped in forced labour situations.
Diginex develops and implements blockchain technologies to transform businesses and enrich society. For more information on Diginex, visit www.diginex.com
The Mekong Club is a catalyst for change – engaging, inspiring and supporting the private sector to eradicate modern slavery from their business. With 25 million victims – 62% of the total – trapped in forced labour, companies are ideally placed to help turn the tide of this global epidemic. The Mekong Club run a 32-member strong anti-slavery business association and has to date trained over 8,000 organisations and delivered over 15 innovative tools such as a multi-language e-learning, interactive maps, smartphone apps, and more. www.themekongclub.org