Budweiser's Parent Company Invests In Blockchain For Farmers

  • 📰 Forbes
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Budweiser's parent company is investing in blockchain for farmers by DelRayMan

© 2017 Bloomberg Finance LP

These farmers, miners and other workers at the so-called “last mile” of supply chains frequently don’t qualify for bank accounts, meaning they have to rely on otherwise unnecessary middlemen to connect them with the brands, organizations, and governments that turn their raw materials into products on the open market.

While the blockchain industry has swayed over the past year to a focus on how blockchain can save giant enterprises money by removing unnecessary middlemen, the investment by Anheuser-Busch InBev, a member of the inaugural list, and best known as the maker of Budweiser, is a return to blockchain’s roots as a way of empowering the unbanked.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

DelRayMan With Platforms such as MintMe, Blockchain will work just fine on Music business 😎 You trade tokens for Songs that would be something, right?

DelRayMan Bud🐸 wise🐸 rs 🐸 🤑

DelRayMan

DelRayMan I will only click on this link if it says what is in the blocks, how they are chained together and who takes part in the consensus-forming process. Does it?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines