Bolivian Cattle Ranch Will Be Tokenized to Open Up Business to Investors
The token is being claimed as the first blockchain-based financial instrument in Switzerland to hold an International Securities Identification Number.
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The Bundy Ranch has had its PayPal accounts blocked. The Bundys, a US family of cattle ranchers in Nevada, rose to fame (notoriety?) in 2014 for refusing to pay the federal government for grazing rights on federal lands. This conflict resulted in an armed standoff between federal agents and supporters of the Bundys, many of them members of private militias from across the country. The standoff ended without violence, and members of the Bundy family had been receiving donations in support of their plight through PayPal. The Facebook page run to support the Bundy family and their struggle....
Farm assets like soybeans will be tokenized on a platform from CoreLedger for trading against other assets like cattle or fiat currency.
Here's an unfortunate news item. It's being reported that El Banco Central de Bolivia - the Bolivian Central Bank - has banned any form of currency or coin not issued or regulated by the Bolivian government, reports CoinDesk. This, of course, would include bitcoin and similar digital currencies like "Bitcoin, Namecoin, Tonal Bitcoin, IxCoin, Devcoin, Freicoin, 10coin, Liquidcoin, Peercoin, Quark, Primecoin, and Feathercoin." The news was reported originally by the PanAm Post, who points to a resolution dated May 6th "which prohibits the use of coins specifically not issued or regulated by....
E-Livestock Global, a venture-funded social enterprise, recently launched a blockchain-based livestock traceability system for Zimbabwean cattle farmers. The Mastercard “Provenance solution”-powered system, claiming to be the first of its kind in Africa, aims to bring “end-to-end visibility to the cattle supply chain.” It could also help Zimbabwean farmers prove the origin and health records of their cattle while reducing risks to buyers. Solution Brings Hope to Zimbabwe Cattle Farmers According to a statement released by Mastercard, this solution could not only....
The move is intended to prevent “laundering” cattle from sanctioned farms. Major meat processing company JBS S.A., has repeatedly come under fire for allegedly contributing to the illegal deforestation of the Amazon rainforest. They are now using blockchain technology to create a unique solution to the problem.According to a Sept. 23 report from Reuters, JBS said it plans to launch a blockchain-based traceability system for its meat supply chain to ensure it does not buy livestock from farms that are known to have illegally felled trees.The company has previously only monitored the final....