Poor infrastructure stops farmers taking advantage of blockchain
While the agricultural sector is among the industries standing to benefit the most from blockchain tech, poor access to infrastructure has been holding the industry back. While the agricultural industry stands to reap enormous efficiency savings through the adoption of distributed ledger technologies, many farmers lack the digital infrastructure to support the integration of blockchain solutions.Speaking as part of Australian Blockchain Week on April 21, Bridie Ohlsson, the CEO of digital agricultural infrastructure provider Geora, discussed the challenges associated with fostering DLT....
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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.
Advertisements for Auroracoin, the Icelandic cryptocurrency, have begun to appear at bus stops all around the country. The advertisement, consisting only of “Auroracoin” in text and the coin’s logo on a white background. The advertisements are part of a public awareness campaign by the Auraráð, or Auroracoin, Foundation. According to Pétur Árnason, Auraráð Foundation chairman, these advertisements are meant to lay the groundwork for a resurgence of the Icelandic cryptocurrency later this year. “We have been preparing for Auroracoin promotion in Iceland for over a year now as we wanted to....
Bitcoin startup Bitmari is leading efforts at introducing a Zimbabwe Women Farmers Accelerator program that is aimed at opening the doors of bitcoin to farmers as an alternative to cash, reports TechZim, a Zimbabwe technology news site. The bitcoin-based money remittance service for the African market based in Zimbabwe has recently been laying the foundations to extend its financial services to a small group of rural female farmers through an accelerator program. The Zimbabwe Women Farmers Accelerator has been set up that will work with ten women farmers from ten provinces. Its aim is to....
Overstock’s Farmers Market service connects organic, local farms with customers, allowing their products to be sold for Bitcoin - without even knowing it. Aside from the occasional creative Russian farmer or underground market in New Hampshire, the average agricultural worker is not that well-versed in fintech, and as such few are likely to accept Bitcoin for their products. Online retailer Overstock.com, which proudly accepts Bitcoin, launched Farmers Market in 2014, seamlessly connecting farmers and ranchers to customers. Through Overstock, farmers can inadvertently be paid for their....