Crypto POS Maker Pundi X Partners with HARA to Bring Blockchain to Farmers
Pundi Labs (Pundi X), a point-of-sale (POS) terminal maker, has introduced a partnership with blockchain startup HARA to convey its blockchain-based POS units to farmers. The corporate stated the partnership will search to facilitate knowledge assortment and monetary inclusion throughout Indonesia’s rural spaces and agricultural sector.
HARA, a blockchain startup integrated in Singapore, is creating a knowledge alternate ecosystem. Starting with the agriculture and meals sector in Indonesia, HARA is offering an end-to-end resolution for all stakeholders within the knowledge alternate marketplace. The platform collects real-time knowledge from around the agricultural and meals worth chain with the purpose to assist farmers building up annual yields and spice up productiveness.
Farmers, NGOs, and different on-the-ground companions are incentivized to supply knowledge on ecological, crop, and marketplace stipulations similar to soil high quality, grain value, and land possession. Those who enter knowledge into the blockchain are rewarded with HARA Tokens. Meanwhile, corporations, organizations, authorities establishments, and folks should buy uncooked knowledge units from the HARA decentralized knowledge alternate the usage of the cryptocurrency.
The partnership with Pundi X will see the corporate’s XPOS cryptocurrency-supported units being deployed to start with throughout Indonesian villages at an approximate density of 1 instrument of each and every 200 farmers in taking part spaces.
The POS units shall be to be had to farmers to use and declare their HARA tokens in addition to alternate them.
“HARA has dedicated itself to connecting the missing pieces in global agriculture for the benefit of everyone involved in the supply chain. The data we are already collecting from farmers brings benefits to transportation, to consumers, to commercial interests and to governments,” stated Regi Wahyu, CEO and co-founder of HARA.
“The addition of the Pundi X POS to our ecosystem allows us to connect another missing link, which is the processing of digital payments for the large unbanked populations in global agriculture we’re aiming to serve.”
The HARA Ecosystem has been deployed in the community with the enhance of Indonesian regional governments and directly-elected native authorities leaders referred to as regents or Bupati. The startup has already accumulated agricultural knowledge from about 10,000 farmers around the nation and desires to achieve 2 million farmers via 2020 throughout a number of markets in South and Southeast Asia.
HARA claims that with the information accumulated thru its pilot venture, a number of farmers have already been in a position to effectively practice for microcredit from banks.
Listiyono, the pinnacle of Bakalan Village, Kapas District, stated the generation supplied via HARA can assist farmers achieve get right of entry to to credit score and toughen monetary inclusion in rural spaces.
“HARA guarantees valid farmers’ data, which makes the process for the banks easier,” Listiyono stated. “For example, a bank requires a land certificate, whereas a lot of farmers don’t have that. Sometimes they even require proof of tax payment, but most farmers don’t even have [a tax registration number].”
Pundi X develops blockchain-powered POS terminals. Its XPOS instrument helps cryptocurrency bills in addition to transactions thru cell wallets together with Alipay and WeChat Pay and cost playing cards. All Pundi X units are hooked up to the Ethereum and NEM blockchain. The corporate’s newest fashion helps greater than a dozen cryptocurrencies.
XPOS used to be not too long ago introduced as the selected generation to run virtual bills for Dubai’s government-backed professional credit score bureau.
“We are proud that the Pundi X POS will soon be rolled out among HARA’s already-impressive network of farming partners and can help facilitate their plans to better such a significant sector of the world economy and the lives of the hundreds of millions of people who depend upon it,” commented Constantin Papadimitriou, president and co-founder of Pundi X.