The project proposes developing an innovative digital agro-processing-business blockchain-based solution using the LACChain blockchain network and integrating the cluster group to transform sugar cane cultivation and processing value chain into a modern, more efficient, competitive, and certifiable product for the Caribbean and European Market.
It intends to significantly reduce credit risk by providing agricultural credit through services paid with the income from the cane harvest.
Vertical: Agriculture and rural development
Technology: Blockchain, Digital Identity
Countries involved: Belize
Entidades involucradas: BID Lab, BID Invest
Impact potential: 5,200 farmers