Mexico plans to use blockchain in harvesting

Home » BLOCKCHAIN » Mexico plans to use blockchain in harvesting
2018-02-08
Mexico plans to use blockchain in harvesting

Former Mexican President Vicente Fox spoke at the Blockchain Economic Forum in Singapore. In his speech, he noted that blockchain technology can be useful for the development of the country, including the areas of fighting corruption and restricting illegal drug trafficking.

The president sees a great potential in implementing a platform that democratizes data.

As an example, he noted that Mexico has to import corn for $ 40 billion from the US, because its own crop is not enough. Fox is confident that the older generation of farmers has accumulated enough experience and wisdom and knows how to improve yields. All these data and indicators, from irrigation to the seasons, can be made easily accessible to everyone with the help of a blockchain.

“Three and a half million farmers in Mexico will be able to access this wisdom and increase their harvests, which will benefit everyone,” says Fox, calling it the “Yellow Revolution.”

CRYPTOCURRENCIES
  • bitcoinBitcoin$3,612.14
  • rippleXRP$0.322868
  • ethereumEthereum$120.06
  • tetherTether$1.00
  • eosEOS$2.43
  • stellarStellar$0.106322
  • litecoinLitecoin$31.12
  • cardanoCardano$0.043773
  • tronTRON$0.023845
  • moneroMonero$44.54
  • iotaIOTA$0.311333
  • nemNEM$0.056151
  • dashDash$70.30
  • neoNEO$7.56
The complexity Bitcoin mining is growing
As a result of the next recalculation of the complexity of mining Bitcoin on the night of January 14, this figure increased by almost 5%. The complexity of mining is a parameter of the blockchain network, which shows how difficult it is to perform a mathematical calculation to find a new unit and, accordingly, to […]
2019-01-18 0 4
Bitcoin volatility fell by 98% over the year.
Since January last year, the first cryptocurrency volatility has decreased by 98%. So, if on January 16, 2018, this figure was $ 3,468, then a year later – only $ 61, notes CoinDesk Markets analyst Omkar Godboul. The daily volatility over the past year decreased from 9.1% to 3.6%, although on December 16, 2018 was […]
2019-01-17 0 7
Will Ethereum hard fork Constantinople be launched this week?
Ethereum, one of the largest and most influential blockchains in the world, is planning to improve its code in the near future. A massive system upgrade, or hardfork, called “Constantinople” will include a number of technological improvements called to enhance practicality and the architecture of smart contracts. The Ethereum community will make a final decision […]
2019-01-15 0 28
The Brit​ish citizen was trying to buy a gun with cryptocurrency
David Mitchell, a 48-year old British citizen, was arrested by the US police after an attempt to purchase a gun with cryptocurrency via the dark web. Mr. Mitchell was planning to buy a Glock 9mm pistol which costs around £2,000. The man explained to the court that he was curious whether it is possible to […]
2019-01-14 0 17
© 2017–2018