Panama will use blockchain technology to improve food production
The government of Panama, through the Center for Controlled Environment Research and Production (CIPAC AIP), will use blockchain (among other things) to manage and control the country’s agricultural production. Other technologies it will also use are: robotics, artificial intelligence, the Internet of Things and big Data.
CIPAC AIP, an initiative of Panama’s National Secretariat for Science, Technology and Innovation (Senacyt), seeks to improve production, competitiveness, food security and social development through productive transformation.
Panama has shown interest in integration blockchain and Web 3.0 in its digital economy. In July, the blockchain summit LATAM Panama 2022 brought together experts from the crypto ecosystem, who agreed that Web 3.0 can explode the realm of the digital and local economy in Latin America, in addition to the industry’s potential to create jobs. Want to give Blockchain.
Even JAN3 boss Samson Mo had an opinion on that:
“We are going to see the collapse of the fiat system, and the use of bitcoin that can be limited, were the words that the CEO of the JAN3 Company and former director of Blockstream lifted the audience at the convention center in the capital of Panama. With record high inflation figures and a global recession, the world darker.
According to La Estrella newspaper, CIPAC AIP operates with a budget of 19 million dollars from the Development Bank of Latin America (CAF) and its main function is to support manufacturers, academic institutions through research and technology.
There are several initiatives in Latin America blockchain linked to the agricultural sector. In May, Agrotoken entered into an alliance with Visa to allow agricultural producers to purchase all types from their own products. With this plastic, people working in the agricultural industry will be able to make any purchase using tokenized grains.
“AgroToken is the safest and most genuine cryptocurrency in the world based on three of the most sought-after grains globally. The association with Visa makes us proud and shows that we have a highly reliable product that is a must for the financial sector. creating disruptive change.”
Another initiative was from the Colombian government, which launched a campaign in 2011. blockchain To promote agricultural projects, where it envisages supporting 10 pilot projects to validate specific gaps in each crop related to its “Agro 4.0” strategy, which will support projects technology blockchain, Artificial intelligence and the Internet of Things.
“Facilitating the acquisition and dissemination of 4.0 technologies for agriculture is relevant as it raises awareness of the importance of the sector at the national level and the significant burden it has on the economy of Colombia. Promoting such projects means learning Promoting processes, knowledge management, innovations and good management practices.
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