With more than 160,000 farmers already onboarded in Indonesia and Colombia, Farmsent taps the Peaq blockchain as its layer-1 backbone to revolutionize the global food commodity trade.
In a bid to revolutionize the global food commodity trade and empower farmers, farmer-centric blockchain Farmsent has revealed a new partnership with the layer-1 DePIN-focused blockchain Peaq.
This collaboration, announced on April 9, marks a step forward in Farmsent’s goal of decentralizing the agricultural supply chain to enhance transparency in the global food trade and build a global Web3 marketplace that connects farmers directly with consumer-facing businesses worldwide.
By leveraging a decentralized physical infrastructure network (DePIN) of sensors to track product quality and provenance, Farmsent claims it can eliminate centralized middlemen and reduce costs for all stakeholders, all while ensuring transparency across the supply chain.
