Review on PLAAS FARMERS TOKEN by jesus ruiz
PLAAS FARMERS TOKEN, the Blockchain at the service of agriculture
PLAAS FARMERS TOKEN, is a novel way to use Blockchain resources for the benefit of a community of producers, to leverage their projects and incentivize their development.
Plaas is a platform that enables Blockchain features for the agricultural industry, allowing a group of farmers in Africa, to seamlessly trade their animals and crops at market prices, increasing their income and information provided by farmers to enrich crops.
Producers and consumers will be able to track and trace the origins of food crops and meats and rely on the information provided by the farmers.
Records will be maintained on one of the decentralized smart contract platforms, which will provide farmers with
daily records on products bought and sold.
The marketplaces allow farmers to put their items in front of thousands of other farmers and buyers, this will help them get the right price for their item based on the market price.
When the agricultural marketplace is introduced on the Blockchain, it makes transactions happen directly between farmers and the retail industry in a transparent way, it also achieves a fair redistribution of value in the food chain and reduces costs for buyers.
Pros
- Farm inventory monitoring
- Fair prices
- Immutable accounting accounts that show all the details of the product they wish to buy or sell.
- Improving agricultural supply chains
- Incentivizing sustainable practices
Cons
- none at this time
