RATE Group | Cryptocurrency and Blockchain Provides Solutions for Farming Sector
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Cryptocurrency and Blockchain Provides Solutions for Farming Sector

Cryptocurrency and Blockchain Provides Solutions for Farming Sector

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The concept of cryptocurrency and blockchain technology is revolutionizing business sectors across the globe. After proving its benefits for the financial technology domain, FMCG sector, and supply chain, the concept of digital coins is proving very much handy for the agriculture sector. The farmers are particularly benefited from the Bitcoin as they can use the digital coin to sell their products in far-flung areas across their own borders and countries. Take the example of the farming community in Argentina. Through the website named Tierra Buena, farmers there are able to sell their organic produce without the interference of any gatekeeper or middleman and that too to a wider customer base at attractive prices.

Wider reach and access

It is indeed a humble reminder of the utility of Bitcoin, which is creating financially viable opportunities for the important section of the society – The Farming Community. Using digital currency, farmers get the freedom to choose their buyers…

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