Bion Announces Strategic Alliance with Transparency Wise

New York, NY, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of advanced livestock waste treatment technology and premium sustainable beef, announced today a Letter of Intent with Transparency Wise, LLC, (TW) of St Petersburg, FL. Bion and TW will work to define a strategic partnership focused on providing their mutual producer partners and supply chain participants with resources and technology to measure, verify, and report regenerative practices and climate-smart impacts.

TW will provide Bion and their producer partners with TW’s AgWise.io agricultural data management platform to measure, monitor, report, and quantify livestock production data. Relevant data will be shared with appropriate supply chain stakeholders and, ultimately, with the consumer via the Transparency Wise consumer app. TW will utilize their blockchain integration with IBM Food Trust^TM to leverage the integrity of data collected.

Bion and TW will develop a platform to provide comprehensive tracking and transparency throughout the full animal lifecycle, from genetics to cow/calf and backgrounding to finishing, processing, and distribution. Specifically, Bion and TW will develop the platform to track:

• Cattle: Source, genetics, breeding, feed protocols, rotational grazing, and health and efficiency outcomes throughout the lifecycle of the animals.
• Land: Measure, monitor, report, and quantify data on regenerative practices and climate impacts, for both supply chain cattle and feed source.  Data will focus on soil health and carbon sequestration by tracking water use/management, nutrient management, land use efficiency, and regenerative practices such as planting cover crops and rotational grazing.
• Feeding Operations: Integrate a comprehensive operational dashboard for Bion’s Feeding Operations to measure and monitor cattle supply, Scope 3 emissions and climate impacts, and feeder-specific emissions, and impacts. It will also measure, monitor, report, and quantify methane removal, carbon insets/offsets/credits, biogas or renewable energy generation, solar, recycled water, and production of climate-smart fertilizer.
• Sustainable Beef - Verifiable by the Consumer: Relevant climate impacts and production practices will be accessible by app and verifiable by the consumer before and at the point of purchase.  Consumers will also be able to track high-attribute climate impacts and product claims and verify them on blockchain.
• AI Optimizations: Artificial Intelligence (AI) and advanced machine learning will be leveraged throughout Bion’s operations, to improve operational and supply chain efficiency, reduce resource consumption and environmental impacts, optimize animal health and welfare, and predict market opportunities.

Sarah Martello, CEO of Transparency Wise, said, “We are excited to partner with Bion and help define and market the country’s first truly sustainable beef. Bion’s vision of verified sustainability is a perfect fit with our own mission to provide the traceability that food safety requires, and the transparency that today’s consumer expects.” Martello added, “With TW’s capabilities, Bion and its partners, especially those on the distribution side, won’t be concerned with greenwashing: they’ll be able to prove every claim on the package.”