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CAPITOL HILL OCEAN WEEK 2019; Washington, D.C. 一 According to the World Wildlife Fund, 'Some of the worst ocean impacts are caused by pervasive illegal fishing, which is estimated at up to 30% of catch or more for high-value species.' During Capitol Hill Ocean Week (CHOW), the nation's premier annual conference examining current marine, coastal, and Great Lakes policy issues, global innovators discussed solutions to address the challenges posed by IUU fishing.
At the panel discussion on Combating Illegal, Unreported and Unregulated Fishing, Peter Neill, Director of the World Ocean Observatory (W2O), introduced the Seafood Commons (SFC) as a plausible solution to address the problem. "The Seafood Commons is a not-for-profit, open-source, values-driven, post-blockchain system for traceability, accountability, sustainability, and bio-regional development of seafood products from catch to table worldwide," Neill explained to the audience.
SFC will implement the foundation for a Purpose-Driven seafood industry - an open-source, self-governing system for integrated accountability, traceability, and trust for the distribution of seafood worldwide.
The SFC Development project is based on an understanding of "the commons" as a place of engagement for communities of like-minded interest to manage and govern according to agreed values and principles toward outcomes defined by efficiency, economy, equity, and justice. Our comprehensive approach of, 'healing the tragedy of the commons,' based upon 2009 Nobel Prize recipient economist Elinor Ostrom's 8 Principles for Managing A Commons.
Coherence.Software LLC, the innovative NYC-based technology development firm is collaborating with harvesters, wholesalers, distributors, retailers, and consumers. The technology ecosystem will apply principles of 1) stakeholder governance and finance; 2) enhance food safety and transparency; 3) act to heal the tragedy of the Commons; 4) encourage large-scale regenerative bio-regional development, and 5) promote global Ocean Literacy.
"At coherence.software we've been committed to exploring the vast value and innovation potential of open software and collaborative culture. Now finally, with the scalable, energy-efficient post-blockchain technology we're able to implement the foundation for what we've defined as an Open Technology Ecosystem," said Ted Schulman, Managing Director of C.S. "Open interoperability is becoming increasingly accepted as the key to cost-effective innovation, the seafood industry is no exception."
The Global Dialogue for Seafood Traceability (GDST) announced earlier this year that the seafood industry now acknowledges the need for interoperability. W2O is a member of GDST which announced on March 17, 2019, they're joining forces with the Seafood Business for Ocean Stewardship (SeaBOS) in support of seafood traceability. The two leading seafood industry groups—which together include seven of the world's ten largest seafood production companies with combined seafood sales of over USD $35 billion per year—are now pledging to work jointly towards the adoption of global industry standards that will improve the quality, efficiency, and affordability of seafood traceability. These unprecedented pre-competitive voluntary standards will equip the seafood sector for the 21st Century's globalized, information-based economy, and will help make digital seafood traceability a universal industry practice.
The coherence.software SFC project is applying interoperable standards and principles of self-governance to maintain the highest stewardship standards for the exchange of product along an intelligent distribution infrastructure. SFC includes equitable access by fishers at all levels, and excludes mislabeled, over-fished, or illegally caught product from the market in support of consumer demand, fisheries conservation, and the UN Sustainable Development Goals.