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Farmer Needs a Blockchain

Block chain is all the buzz in the world of financial technology, but could it also help our drought stricken farmers?

Following revelations by the Royal Commission into Financial Services that Australian banks hold 97% of agricultural debt, there are doubts raised by industry experts that The Morrison’s government’s $3.6 billion drought relief package will be effective in providing fair relief.

Australia already is home to the world’s only agricultural block chain company, do they have the answer to providing a leg up during the Big Dry?

Max Tillman spoke to Nick Giuretta; CEO of The Australian Digital Currency Association, Bridie Olsson, project manager for Agridigital and Nick Young, Fletcher International’s director of production.

 

 

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