Kenyan Farmers Pivot to Cryptocurrency as Popularity of Community Currencies ...
The growth and popularity of community inclusion cryptocurrencies in Kenya continues to soar with the country’s rural farmers being the latest group to embrace the financial technology. As one report reveals, some farmers in Kenya’s countryside are now accepting cryptocurrency as payment while others are using the same to buy important supplies. Use of Sarafu Cryptocurrency Helps Farmers Save Money According to a report from media outlet VOA, one of the reasons this alternative monetary system has become popular is because it allows users to preserve their fiat currency....
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The project aims to provide a blockchain-based parametric insurance platform that helps protect smallhold farmers from the effects of climate change. Today the Chainlink Community Grant program announced funding for a low-cost insurance collaboration between Etherisc, a decentralized insurance protocol, and ACRE Africa, a microinsurance issuer focused on the second-most populous continent on the planet. According to an announcement from Chainlink, the project aims to build a blockchain-based insurance platform that delivers affordable coverage for the nearly 250,000 smallholder farmers in....
There is an interesting project currently taking place in Argentina. Nubis Bruno, an Argentinean web developer and entrepreneur, has found a way to help local organic farmers sell their products using Bitcoin. In Buenos Aires, organic farmers are struggling to sell their products. However, some farmers have found an alternative. With the help of Bitcoin, these farmers have succeeded in creating an online presence where they can sell their organic vegetables directly to customers with no fees or middlemen getting in the way. Santiago Zaz, a friend of Nubis Bruno, is a member of an organic....
The backbone of our nation, farmers stand to benefit the most from sovereign money that cannot be diluted or degraded.
The project said it would be paying roughly 6,000 farmers for crops adversely affected by climate change before the end of the season. An insurance collaboration between decentralized protocol Etherisc and microinsurance issuer ACRE Africa has allowed thousands of farmers in Kenya to receive coverage for weather-related risks.Etherisc and ACRE Africa said they had processed insurance payouts for some of the more than 17,000 smallholder farmers in Kenya covered under the collaboration. The Chainlink Community Grant, the Ethereum Foundation and the Decentralized Insurance Foundation helped....
Nubis Bruno, an Argentinian web developer, has designed a way to help organic farmers in his country sell their goods online using Bitcoin. Farmers in the Buenos Aires, the capital, struggle to sell their products in the cities markets. The alliance between Nubis Bruno and Santiago Zaz is changing this for the better. Bruno is a Bitcoin entrepreneur and co-founder of a Bitcoin exchange in Buenos Aires. “We became friends when I rented an apartment from him, and a few months ago Santiago told me that he was ... selling organic vegetables in Buenos Aires area, and ... he was selling also....