Pundi X and HARA signed a partnership to apply blockchain technology to agricultural fields. They are going to place blockchain-based POS devices to help farmers in developing countries to gather data related to their farming and improve financial inclusion.
HARA, a company based in Indonesia, announced that it will be pushing for innovative projects through data from global agriculture.
HARA is planning to collect real-time data from agricultural and food industries in developing countries and improve productivity of farmers and workers related to agricultural industry. It is going to motivate farmers to provide data related to ecology and crops through HARA Tokens that can be used as real money. Pundi X’s POS devices will be used for farmers to receive and send incentives. It is going to install one POS device for 200 farmers in participating towns in Indonesia.
Pundi X’s goal is to place 100,000 POS devices in global markets by 2021.
Staff Reporter Gil, Jaeshik | osolgil@etnews.com