Oxfam Formally Launches Blockchain Platform for Rice Farmers in Cambodia

Twitter Facebook LinkedIn Oxfam has launched a blockchain project for farmers dubbed BloCRice, which seeks to increase the bargaining power of farmers by digitally connecting every player in the supply chain on one platform, local Cambodian news outlet reports. Based on the report, the new platform will leverage on smart contracts to build digital agreements between organic farmers and exporters of rice in Cambodia and their buyers in the Netherlands. Solinn Lim, country director of International charity Oxfam in Cambodia, was quoted by the news outlet saying: “BlocRice promotes the…