Farmers In Haiti To Switch To Blockchain For Fruit Supplies
The Haitian Ministry of Commerce plans to use blockchain technology to supply local fruits, such as avocados, mangoes, and pineapples. The initiative is part of the Business and Investment Development Project (PDAI), which is supported in the republic by the World Bank, Haiti Libre reports.
Haiti has already held a tender among fintech companies. It was won by the AgriLedger startup, which was entrusted with the task of transferring payments to distributed ledger and implementing the technology to track fruit deliveries and life cycle.
The blockchain system will enable farmers to directly sell their crops in the markets and set a fair price for fruits. It is noted that the cost of production will now depend on real supply and demand, and not on negotiations of third parties.
According to Michel Ange Pantal, the PDAI project manager, among other things, blockchain will guarantee buyers the expected quality of goods. Consumers will be able to check the identity of the farmer, the origin of the product on GPS, as well as trace the pricing at each stage of the supply chain of certain fruits.
The local Ministry of Commerce is proposing to sponsor training and technical assistance for future members of the decentralized system. The authorities intend to provide all these services via blockchain as well.
Earlier, French President Emmanuel Macron called on the EU to use blockchain in the agrarian sector to compete with US, Chinese, and Russian farms. In particular, the politician proposed to apply the technology to manage the supply chains of agricultural products.
Earlier a blockchain platform for coffee supply began to operate in India.