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Friday, January 22, 2021

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Home Business & Finance BlockApps launches Ethereum-based Agritech network in collaboration with Bayer

BlockApps launches Ethereum-based Agritech network in collaboration with Bayer

Document Analysis NLP IA

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positive
sentiment

Sentiment0.11174242424242
objective
redaction

Subjectivity0.42293771043771
probably it's an affirmation
Affirmation0.32432432432432

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Summary (IA Generated)

18, blockchain solutions provider BlockApps BlockApps-Launches-Agribusiness-Blockchain-Network-TraceHarvest-Following-Success-with-Bayer” rel=”noopener nofollow noreferrer”>launched a blockchain-based agricultural crop tracking network called ‘TraceHarvest‘ — and one of the largest companies in the world, Bayer, is among its first users.

Bayer helped with the development of the network, and has been using it for the past two years in customer-related operations in the United States and Brazil to track soybean and corn yields, as well as several other crops.

”.

Recently, many countries and companies have also moved to adopt blockchain in supply chains related to crops.

In October, world-leading agribusiness firms from the United States, France, China, and the Netherlands launched a joint venture that will use blockchain technology to streamline logistics processes in the agricultural sector in Brazil.

Likewise, in September, Steven Marshall, Prime Minister of South Australia launched a blockchain-based Entrust project with the primary goal of protecting the wine and dairy industries from fake fraud in global markets and achieving efficiency savings across agricultural sectors.


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