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Ripple and Mercy Corps Launch Blockchain Pilot for Colombian Farmers

  • Ripple and Mercy Corps have launched a blockchain pilot to support Colombian farmers through the 'Unlocking Opportunity' program.
  • The pilot focuses on using blockchain technology to track farm-to-table food, combat fraud, and enhance sustainability in Colombia's agriculture sector.
  • This initiative includes 46% female farmers and aims to improve agreements and retailer trust, enabling farmers to earn more and become financially included.
  • The project utilizes the XRP Ledger to provide traceability, facilitate financial transactions, and offer a 'Farm Now, Pay Later' plan to enhance farmer productivity.

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