Taking a unique approach to the last mile problem of global financial inclusion, the Sentinel Chain model establishes livestock provenance through the creation of livestock insurance on the blockchain — the registration of livestock provenance on blockchain provides the unbanked with a new opportunity: the real possibility of accepting livestock as ‘collateral’ for loans.

Through this partnership, VeChain will integrate with Sentinel Chain to publish livestock provenance data on to VeChain’s public blockchain platform.

This will enable businesses and individual users a seamless access to public livestock provenance data. Private livestock provenance data however will remain on Sentinel Chain and accessible only to the local networks via cross-chain interoperability techniques. This solution will also leverage on security features to ensure that data stored on Sentinel Chain remains private. This partnership will enable VeChain Thor solutions to work together with Sentinel Chain in facilitating financial services for farmers as well as the digital identity of livestock — while at the same time maintaining the security of the private data.