The first stage in human development, according to the economist is agriculture. The tilling of the soil is an integral part of human development, as we need food to survive. Indonesia’s SEED, a company that encourages people to invest in Agriculture, has launched a blockchain center, therefore, making it easy for prospective customers to invest in a prosperous business, while also reducing carbon emission.
The SEED blockchain center will be the first energy farm located in Jakarta, Indonesia. The center symbolizes an energy-saving smart building, constructed with the aid of blockchain technology, it will also serve as the administrative center of the company, as its headquarters.
Jakarta, the base of SEED is not only the capital of the country but the economic hub of the nation, churning out most of its GDP and the center of political power, where key government policies are meted out to the public.
The location of the SEED headquarters is a strategic location, as it is situated in the central business district, where most business activities take place in the capital city.
The farming season is here, and the total quantity of the SEED to the planted is 200,000,000. The intent to participate form for the interested applicant will commence in earnest. The harvest period for the SEED initiative is targeted to be in 5 years time and proceeds will be distributed according to the market price each year.
The event organized by the firm is meant to help the farmers that have been loyal to the company, through thick and thin. And also those who kept faith with them from the inception of the programme.
The Chief Executive Officer of SEED, Chin Young-geun said,
“SEED has been preparing for the first energy farming for the last three years. Using blockchain technology, it offers individuals with small capital, an opportunity to participate in large-scale projects that only organizations or large corporations could do. It also improves the environmental awareness of the public and confirms the beneficial functions of blockchain technology.”
The opportunity that blockchain technology offers is unlimited, it has been beneficial in many ways, from technology to agriculture, finance, stock, pharmacy, sports and other facets of life. The impact of the technology cannot be overemphasized.
Nevertheless, it was described by some analysts that blockchain technology is the next best thing created by man, after the internet and electricity.
With the adoption of the technology by SEEDS, it sure will help farmers improve the productivity and help to revamp the fortune of Indonesia as a whole.