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$5,258.11
  • ethereumEthereum$179.55
  • rippleXRP$0.355596
  • tetherTether$1.00
  • eosEOS$5.87
  • stellarStellar$0.126178
  • litecoinLitecoin$87.89
  • cardanoCardano$0.090352
  • tronTRON$0.030371
  • moneroMonero$71.57
  • iotaIOTA$0.350234
  • nemNEM$0.072753
  • dashDash$130.08
  • neoNEO$12.49
What is Cryptocurrency? How to Use, the Future of Crypto, the History of Bitcoin
Cryptocurrency market is actively developing and expanding. This relatively new industry is causing a lot of questions and attracting a huge number of investors, businessmen and ordinary people. “What is the future of cryptocurrency?”, “How to choose cryptocurrency exchange?”, “How to sell Bitcoins?” “What about cryptocurrency mining”? Millions of people read cryptocurrency news everyday and […]
2019-04-08 0 47
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 46
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 44
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 42
© 2017–2018