Most of the farmers in Bangladesh have little or no access to formal credit, limiting their capacity to invest in technologies and inputs which include livestock farmers. Sentinel Chain, a blockchain network that is developed by InfoCorp, is designed to facilitate cross-border financing of tokenized livestock asset in addressing financial inclusion. Furthermore, a simple mobile app, iFarmer, will be used by farmers and farm facilitators to collect farmer profiles, update farm information and so on. This makes it easy for farmers to access supply chain finance, loans, and other financial services. Sentinel Chain is a project by InfoCorp Technologies.

Source: Dhaka Tribune August 28, 2020 10:52 UTC