Blockchain in African Agriculture (Fintech Fridays Special Edition with Binance Africa Ep.8)
Description
In the eighth episode of Fintech Fridays Special Edition with Binance Africa titled "Blockchain in African Agriculture," we:
Explore how Web 3.0 is revolutionszing farming across the continent. From enhancing land ownership verification and developing Ethereum-backed insurance policies to improving market access and enabling financial inclusion. We'll also highlight successful innovations, like a smartphone solution from Purdue University that aids Kenyan farmers in tracking and transporting agricultural products. Join us as we uncover the future of farming in Africa and the pivotal role blockchain plays in this evolution.
A special thanks to our sponsors, Binance Africa, for supporting this episode.
About Binance
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Episode Agenda
Impact of Blockchain on African Agriculture
Evolution of African agriculture with Web2 TechnologiesExamples: Farmerline in Ghana and Kamaza in KenyaPotential impact of Web3 on African agriculture
Significant Areas of Blockchain Impact in African Agriculture
Land Ownership and InsurancePrevention of land fraudsPotential for blockchain-backed government entities like Ghana Land CommissionInsurance policies backed by blockchain for farmersMarket Access and TraceabilityPlatforms like Cardano supporting direct consumer-farmer transactionsBenefits like transparency, speed, and accessibility in transactionsFinancial InclusionEnabling other types of funding and micro banking servicesImportance for farmers from rural and unbanked areas
Disruptions in African Agriculture: Food Security
Improvements in supply chains in countries like KenyaRole of Purdue University's smartphone-based solution in Western KenyaBuilding technology side by side with farmers for the right audienceFeatures of the app: digital receipts, and a digital walletSuccesses and expansions to other countries and crops
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