One tech company based in the United Kingdom has announced a blockchain ecosystem for farmers in Haiti. This will bring clarity to the supply chain whilst boosting sales at the same time.
Based in the UK, Agriledger is responsible for building such a new ecosystem with its goal to ensure farmers will receive the right pay for their crops. This was announced in a post from Spring Wise published on the 20th of February last week.
In the post, it says the following on the firm:
“The startup’s system offers farmers a number of services, and access to global markets and banks. Using blockchain technology, it provides registered farmers with a unique digital identification number, which makes the farmers key players in the supply chain, and gives them access to financial services, logistics, insurance and other services.”
The blockchain-based solution assigns farmers listing on the system with a certain personal number. With this identification, farmers will then become part of the digital supply chain.
On top of this, Agriledger gives farmers in Haiti the chance to tokenise their products. This gives said farmers the ability for greater access to peer-to-peer dealings.
At some point in the future, the company is hoping to create a Software-as-a-Service (SaaS) enabled marketplace which would see communications included making transactions significantly easier in the long run.
Spring Wise further writes:
“Eventually, Agriledger plans to create a Software-as-a-Service (SaaS) enabled marketplace. That would include communications and an order management platform, easing transactions between food suppliers and retailers.”
It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!