Blockchain technology is to assist in the development of Haiti’s agribusiness sector! The Bank of the Republic of Haiti (BRH) will utilise the tech in three avenues: the development of the financial market, the financial inclusion and the agenda pro-growth.
Jean Baden Dubois, Governor of the BRH stated that agribusiness is an important sector for economic growth as it represents 20% of GDP, employs about half of the population and contributes, among other things, to the drop in the share of imported products. According to him blockchain would favour the establishment of the cadastre (property register), necessary for agricultural investments and would ensure the trace-ability of the products. As such, the innovative applications of this technology will feed the ecosystem created by the implementation of BRH’s 3 main lines of action.
Note that among the many possible applications, the technology in agriculture can solve many problems: secure management of collection, organisation and distribution of information to producers or consumers, transactions, connections between different agricultural domains.
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