Japanese Firm Itochu to Develop Blockchain-based Traceability System

Japanese Firm Itochu to Develop Blockchain-based Traceability System

Itochu Corporation, a Japan-based trading company, has started a Proof-of-concept which will focus on developing a blockchain traceability system for enhancing the trading processes. As per reports, the platform will enable buyers and sellers record the transaction details such as date, time, location, etc. on blockchain via a smartphone app. The PoC will use the rubber supply chain of Pt. Aneka Bumi Pratama, an Indonesia-based crumb rubber firm co-owned by Itochu.

agriculture blockchain

SingularityNET Partners with Agriculture-Focused Bockchain Startup

SingularityNET, a decentralized Artificial Intelligence company, has partnered with Hara, an agriculture-focused blockchain startup, to help farmers with informed decision making. As reported, Hara is looking forward to using blockchain technology to help the Indonesian farmers with useful agricultural information such as grain price, soil quality and land ownership details. The partners also intend to help farmers with AI-powered crop diagnosis and data analytics.