“Commercial Awareness Is Global.”
“data is becoming a new asset class—one that may trump previous asset classes.” ― Don Tapscott In the simplest of terms blockchain technology is simply a database. Yes, a database! And what do databases do? They store information. Simple. If it is that simple then what is all the hype about? Well, blockchains are no ordinary database but a decentralized
Blockchain technology can enhance the sustainability of nations like Jamaica’s agricultural sector, by capturing the information which can be beneficial to all who access the distributive ledger such as farmers, retailers and consumers. It will avail farmers greater access to information such as global competitive pricing so that they can be better informed as to what to charge for their produce and not charge too much or too little. This is important for a farmer to be profitable and to a nation that is into exports such as Jamaica, they will be aware of the prices so they are competitive and make the best prices for their commodities.