Shane Thomas
Shane Thomas

Distribution Is King: The AgTech Distribution Dilemma
Rachel Hor
Rachel Hor

AI-Driven Climate Insurance: A Provocative Solution to Earth's Uncertain Future
Ksenia Korolkova
Ksenia Korolkova

How to Avoid the Top 10 Most Common Mistakes in Agricultural Drone Surveying
Jane Marsh
Jane Marsh

How Technology Could Revolutionize Livestock Protection
Market Watch July 15, 2019

Brazilian State Launches Blockchain Platform for Government Contract Bids

By FXStreet

In Brazil, the state of Bahia has launched a blockchain application to track the process of public bidding on government contracts, according to Cointelegraph Brazil on July 12 and reported by FXStreet. The blockchain-based solution, called Online Bid Solution (SOL) was reportedly developed by Cayenne Technology and Design. Bids will reportedly be completely transparent and secure due with the application of blockchain tech.

According to Bahia government, the intended beneficiaries of SOL appear to be the Brazilian agriculture industry. The solution is designed to help connect agriculture organizations in Bahia with suppliers and workers throughout Brazil, as well as provide transparency on the contract bidding process.

Advertisement

Continue reading at FXStreet.

0

FXStreet is a leading source for reliable news and real time Forex analysis. FXStreet offers real-time exchange rates, charts and an economic calendar.
See all author stories here.

Topics:

Leave a Reply