Farmers Get Behind Blockchain 🚜

Farmers Get Behind Blockchain

Blockchain has more to do with beef patties than you first thought, with the introduction of streamlined and encrypted supply chains taking the fuss out of the food sector. Blockchain is finding real-world applications, at last!

Years ago, there was an uproar in Europe as consumers realized they were eating horse meat in products that didn’t have it labeled as an ingredient. European supply chains were simply too complex and convoluted, with an abundance of middle-men forced to navigate confusing red tape hidden within stacks of paperwork. Now, the 0.03% of investors who actually understand what Blockchain technology is reckon they’ve cracked this problem.

With a bulletproof ledger recording the transactions between farmers, retailers, and ultimately consumers, complexity can be cast out! Every product moving through a supply chain would be tagged by “internet of things” sensors, doing away with hours of paper-pushing, restoring simpler regulation, and restoring consumer trust!

Investors could be looking at 31-billion-dollars of “food fraud savings” plus any overlapping benefits from other sectors. Perhaps this was the intended use of Blockchain all along, rather than as a prop to rogue financial instruments. The less said the better, we don’t want to start a stock market holy war! Major utility firm, Iberdrola, has begun an end-to-end experiment using blockchain and “internet of things” sensors in the energy supply chain. We’ll bring you the upshot!

Share:

More Posts

Taiwan’s Tango 🕺

Taiwan depends more on China for trade than it does on the U.S, China still holds major influence on the state of the Taiwanese econom

Permit 🚘

Self-driving cars have moved from a mere fictional and playful speculation to a reality.

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

button_spotify.png
button_apple-1.png
button_google

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying, holding or investing in digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC.

The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community.The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results.Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such.Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.