MUMBAI, India, Sept. 26 -- Intellectual Property India has published a patent application (202421022071 A) filed by Tata Consultancy Services Limited, Maharashtra, on March 22, 2024, for 'tokenization of sustainability development goals (sdgs) based farm sustainability indices and certificates.'
Inventor(s) include Sakkan, Mariappan; Singh, Dineshkumar Jang Bahadur; Mohite, Jayantrao; Sarangi, Sanat; Sivalingam, Ravinkumar; and Pappula, Srinivasu.
The application for the patent was published on Sept. 26, under issue no. 39/2025.
According to the abstract released by the Intellectual Property India: "Embodiments of the present disclosure provide a method and system for tokenization Sustainability Development Goals (SDGs) based Farm Sustainability Indices (FSIs) and certificates. There has been hardly any attempt to tokenize FSI by creating Non-fungible Tokens (NFTs). The FSI is estimated as a weighted combination on FSI indicators such as Farming viability of the farm (FVF), Re-Carbonization of farm (Re-CoF) and Landholding for social livelihood (LASOL). Tokenization of the FSI and FSI indicators in combination with relevant SDGs and SDG indicators enables monetizing of the sustainability effort of the farm to a worldwide accepted standard. Thus, improving the usability of the digital asset of the FSI into the trade."
Disclaimer: Curated by HT Syndication.
