June 2023 Onboarding Pilot Customers
Registration of stockfish dealers in Nigeria, USA and the UK. In August, these pilot customers will be able to purchase Norwegian stockfish products on caroyal.com
August 2023 Caroyal Launch
Stockfish sales! 40 ft containers will be sold on groupage to our registered customers, who will be able to purchase parts of the containers with just $5000.
January 2024 Caroyal Scaling
Buying and selling on Caroyal will open to a wider range of customers and markets. We will collaborate with relevant stakeholders to ensure that the platform is adapted to each added product or supply chain.
September 2024 Market Research and Analytics
The market research and analytics service will provide valuable insights and data-driven solutions to support the business goals of our clients who are interested in entering new profitable markets built on the pillars of sustainability.
March 2025 Caroyal Blockchain Testnet
Test-run of the Caroyal DENISA Protocol. Simulation trading of commodities using the full suite of our blockchain technology solutions.
September 2025 Caroyal Blockchain Mainnet
Traceable trading of commodities using blockchain technology. Multiple parties will collaborate and share information about a commodity's journey thereby increasing visibility in the end-to-end movement of products.
January 2026 Local Biofuel Production
If biomass is grown sustainably, the biofuel produced from it is sustainable and climate neutral. We want to build biorefineries for local biofuel production in order to reduce reliance on fossil fuel in the target regions. As a start, we aim to produce compensatory amounts of biodiesel that represent the carbon footprint of our containers.
January 2028 Transition to Wind Powered Vessels
We shall consistently explore sustainable options for long distance transport. When we have acquired the necessary resources, we will invest in freight ships equipped with wind sails. This is consistent with our strategy to reduce the need for fossil fuel in our operations. We will use some of the biofuel we sponsor as supplementary fuel in our wind powered container vessels.
Before 2033 Green Transportation
We do not believe in long distance transport with electric motors due to the major toll on habitat and biodiversity from mining metals. Our goal is to transport our goods in climate neutral ways and with care for biodiversity and habitat. This is the major challenge for the green transition, and we aim to be at the forefront by leading projects and innovations that contribute to this ambitious goal.