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Parallel Session

BC-14 – Using Blockchain to create dignity for AB InBev’s smallholder farmers

Congress Blockchain Solutions World

Wednesday 30, 12:40h - 13:25h Room Blockchain Solutions World
30-10-2019 12:40 30-10-2019 13:25 Europe/Madrid BC-14 – Using Blockchain to create dignity for AB InBev’s smallholder farmers

Through the implementation of Blockchain technology AB InBev is able to have transparency of its entire supply chain, all the way to the farmer. These farmers are empowered as a result because they now have access to full accounting information, such as sales price, volume and payout via SMS - creating a verifiable economic identity and records - that they can take to a financial institution, allowing them access to credit and other financial service. Through the recent integration with the Mobile Network Operators, the farmer can be also have their funds disbursed in mobile, thereby reducing the cash risk and allowing for ease of remittances. This solution has the potential to transform and improve the lives of millions in the Agriculture sector in Africa, and across the world.

Room Blockchain Solutions World

Through the implementation of Blockchain technology AB InBev is able to have transparency of its entire supply chain, all the way to the farmer. These farmers are empowered as a result because they now have access to full accounting information, such as sales price, volume and payout via SMS - creating a verifiable economic identity and records - that they can take to a financial institution, allowing them access to credit and other financial service. Through the recent integration with the Mobile Network Operators, the farmer can be also have their funds disbursed in mobile, thereby reducing the cash risk and allowing for ease of remittances. This solution has the potential to transform and improve the lives of millions in the Agriculture sector in Africa, and across the world.

Speakers

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