Forest Business Analytics Brings Data-driven Validation to Open Forest Protocol
As a forest data auditing platform, Open Forest Protocol (OFP) relies on its distributed network of validators around the globe to verify the data uploaded by forest project operators with their technology of choice — whether that is satellite imagery, drones, or IoT. For this reason, OFP is onboarding as many top-quality validators as possible to secure the reliability and legitimacy of the validation process at mainnet launch.
Forest Business Analytics is one such validator that has joined the OFP network. The company seeks to address global demand for forest investment services by offering analytics, forecasting, investment, and research consultancy. Comprising a multidisciplinary team of forest researchers and practitioners, the company investigates how data can drive organizational success within the forest sector across the Asia-Pacific, Americas, Africa, and Europe. The firm’s IT expertise allows it to prepare data analytics to drive forest investments.
We believe that OFP brings the chance to small and medium-size landowners to access voluntary carbon markets, achieve stable returns and unlock the forestry potential for climate benefits.
— Karolina Chudy, the CEO of Forest Business Analytics.
Joining OFP’s distributed validator network, Forest Business Analytics will share their global experience in forest data analytics and validation. OFP looks forward to the expertise Forest Business Analytics’ data-driven validation will provide for afforestation projects around the globe, helping unlock future carbon financing.
