Haiti farmers will use blockchain to track supply chains

British technology company AgriLedger has announced blockchain-based infrastructure for Haitianfarmers. The system aims to optimize supply chains and increase sales.

The goal of this initiative is for farmers toreceived adequate payment for their harvest. As part of the AgriLedger blockchain solution, farmers registered in the system are assigned a digital identification number, so they become part of the digital supply chain. AgriLedger also allows Haitian farmers tokenize their products, giving them greater access to P2P transactions.

AgriLedger provided much more transparenta solution than alternatives that previously existed in the region. Parties can now trust the accuracy of the data with which they interact, which simplifies the process of obtaining loans and other financial services for farmers.

The system also includes digital wallets andpayments. According to the company, this will provide additional benefits to farmers and increase their efficiency. In the future, AgriLedger plans to create a SaaS (software as a service) platform on which suppliers and retailers can interact.

Last month, it became known that the Mongolpastoralists will track wool supplies using the blockchain, and in November, UPS and HerdX tracked the delivery of beef from the United States to Japan on the blockchain. In October, Walmart, the largest US retail chain, announced a partnership with IBM to track shrimp shipments from the Indian region of Andra Pradesh on the blockchain.

Last spring, the Haitian government announced thatintends to use blockchain to track the supply chains of local fruits such as mangoes, avocados and pineapples. AgriLedger was also responsible for the technical side of the initiative.

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