SingularityNET, a decentralized artificial intelligence company, recently announced a partnership with a blockchain startup called Hara, which focuses on agriculture. The partnership was announced today at the World Web Forum on January 21st.
Hara will use blockchain technology to help Indonesian farmers be more informed on topics such as the price of cereals, the quality of the soil in which they plant cereals and the details of land ownership.
With the partnership, companies will join forces to offer crop diagnostics and data analysis based on artificial intelligence, which can greatly improve the current services offered by Hara to Indonesian farmers.
The official press release of the companies states that the main objective of the partnership is to help both parties to increase their access and the ability to know more diseases that can influence crops and automate these services as much as possible while working together.
You may have already heard of SingularityNET before this partnership. In case the name does not ring a bell, you must know that the company has gained the attention of the world by creating a humanoid robot called Sophia along with Hanson Robotics. In fact, the CEO and founder of SingularityNET are Ben Goertzel, who worked there as head scientist.
SingularityNET has had a very successful Initial Coin Offering (ICO) and now will probably see further developments of its technology when it joins Hara for this new project with agriculture, blockchain technology and artificial intelligence together.
App of food and agriculture Blockchain on the rise
After Bitcoin became mainstream in 2017 and blockchain technology started to become more popular, we saw several interesting projects in the fields of agriculture and food using this new technology.
Last year alone, the number of blockchain app for agriculture and food rose considerably. Most of the projects focused on increasing the transparency of the sector and creating better supply chains.
Some of the leading examples of companies that have been part of ABCD have partnered to use blockchain technology and Medici Ventures, Overstock's blockchain arm, which is now also in the blockchain game. Even big retailers like Carrefour and Walmart use technology as a way to track products.