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Global agribusiness alliance launches blockchain platform to streamline operations in Brazil

RIO DE JANEIRO, BRAZIL - Covantis, an alliance of global agribusinesses, said on Thursday, February 25th, it has launched a blockchain platform that will initially cover commodities trade from Brazil to improve and digitize the operations for grains and oilseeds.

Agricultural is one other sector where blockchain technology is steadily harnessed to improve business operations in the farms. Many agribusiness companies are using technology today to boost food supply chain tracking as well. Today, several companies in agricultural have collaborated to modernize grain tracing and other related operations in Brazil.

According to the report, the agribusinesses participating in Covantis facilitate over . . .

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