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Bitcoin Daily: Ant Financial, Bayer Team On Agriculture Blockchain; StrongSalt Gets $3M For Encryption

PYMNTS

Alipay­’s Ant Financial announced that it has partnered with Bayer Crop Science to develop blockchain solutions in the food and crops industry. The companies will work together to bring the technology’s transparency and traceability to food safety and agricultural supply chains. Agriculture is the foundation of human civilization.

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People’s Bank Of China Making Progress Toward Digital Coin

PYMNTS

The PBOC has partnered with a number of banks and telecom companies to test the currency, including the Industrial and Commercial Bank of China, Bank of China, China Construction Bank and the Agricultural Bank of China, China Telecom, China Mobile and China Unicom.

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Agriculture In Ant Financial’s Blockchain Sights

PYMNTS

30), Bayer Crop Science has struck a pact to work with Ant Financial , affiliated with Alibaba , in an effort that will develop a blockchain-underpinned system to monitor agriculture products. As reported by CoinDesk yesterday (Sept. As reported, 33 percent of Ant Financial is owned by Alibaba. Terms of the pact were not disclosed.

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Enterprise Cloud Platform Company Takes The B2B Venture Capital Lead

PYMNTS

India-based Arya , which offers post-harvest services throughout the agricultural value chain, said that it landed $21 million in a Series B financing round, according to a TechCrunch report. million to agricultural producers, while its partners have disbursed in excess of $95 million. The company has disbursed more than $36.5

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Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For Crypto Fraud

PYMNTS

It is meant to link agriculture organizations with workers and suppliers while also offering contract bidding transparency. The Brazilian state of Bahia has rolled out a blockchain application to monitor the public bidding process of contracts with the government, Cointelegraph reported. at the World Bank.

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Can Refined Food Waste Give A Boost To Sustainable Commerce?

PYMNTS

Right after the New Year’s festivities, PYMNTS caught up with Treasure8 Co-CEO and Founder Timothy Childs to talk about his vision, through that fledgling company, to make agricultural food waste into products that can enter the wider supply chain instead of essentially being wasted for less profit. Need for Transparency.

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Farming’s AI, Data Driven (And Vertical) Tech Revolution

PYMNTS

At a high level, Lo said that conventional agriculture suffers from increased climate volatility and cleanliness issues. She said that vertical farming “essentially electrifies agriculture,” she said, adding that “anywhere that you can generate an electron you can grow food.”.

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