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by
Anthonia Isichei
on
January 27, 2021 Blockchain
Blockchain-based tokenized agriculture is providing some relief for farmers in Argentina battling with a collapsing Peso. Crypto and blockchain adoption appears to be gaining ground in the country as the economic condition continues to worsen.
Agro-backed Tokens Offering a Hedge Against Inflation for Argentinian Farmers
According to
Forbes, farmers in Argentina are turning to blockchain and tokenized assets to counter the effects of rising inflation exacerbated by the ongoing coronavirus pandemic. Indeed, the agricultural sector is one of the adoption areas for the novel tech in several countries around the world.