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Industry officials for the food sector in the United Arab Emirates could soon be looking into blockchain for a supply based chain which could help obtain agricultural products directly from India.
According to a report on the 31st of August, officials in the country will be using Agriota E-Marketplace. For those that don’t know, this is a new platform that employs blockchain tech to help farmers in India as well as the food industry over the country.
Agriota E-Marketplace allegedly is going to provide transparency through the verification of the food supply chain from farms in the nation to food processing companies in the United Arab emirates.
This is a platform that will basically allow farmers in India to connect directly with the food industry and companies in the UAE. They will be able to offer fruits, vegetables, cereal and spices through this method. It’s also worth highlighting that last year, India exported more than $1 billion of food products to the UAE.
The Indian ambassador to the UAE, Pavan Kapoor said the following on the matter:
“The UAE has a comprehensive plan in place to ensure food security and champion agribusiness trade facilitation, with the ultimate goal of positioning our nation as a world leading hub in innovation-driven food security.”
Article produced by Robert Johnson
