Haitian Farmers And Their Crops Are Put On Blockchain

UK startup Agriledger recently announced a blockchain ecosystem for farmers in Haiti.

It is expected that this will bring not only clarity to the supply chain, but should help sales as well.

In a February 28th post, Agriledger stated that their goal was ensuring that farmers receive adequate pay for their crops.

According to CoinTelegraph, Agriledger’s blockchain-based solution assigns farmers enrolled in the system with a digital ID number. With this ID, farmers become part of the digital supply chain.

Agriledger additionally allows these Haitian farmers to tokenize their products, granting them greater access to peer-to-peer dealings.

Parties can now trust the validity of data they interact with, which smooths the process of acquiring loans and other financial services for the participating farmers.

This article is not intended to be financial advice. It is not an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any products, services, or companies. Crypto Block does not provide investment, tax, legal, or accounting advice.

As always, do your due diligence before investing, and never invest more than you can afford to lose.

Photo Credit: globalresearch.ca

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