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France President Calls For The Use Of Blockchain By European Nations For The Continent’s Agriculture Industry

26 Feb 2019

Emmanuel Macron, France President has recently recommended using blockchain technology to enhance the supply chain management in the European agriculture industry. President Macron made this known at the 56th International Agriculture Fair in Paris on Saturday.

President Macron Wants Europe at the Top

According to Macron, there is a need for unity among European nations for there to be any chance at getting completion from the global markets in China, Russia and the United States.

Macron also pinpointed three main strategies which would help greatly towards driving the European agricultural market. These three strategies will not only help drive the economy, but it will also help the continent maintain a competitive edge, and further confirms that “no farmer or consumer wants to be subjected to the diktat of non-European countries.”

The call for use of cutting edge technologies such as blockchain is one of these three strategies.

Macron further stated that:

“Let’s do this in Europe, the avant-garde of agricultural technology, by developing tools that will track every product from raw material production to packaging and processing. The innovation is there and it must be used in the agricultural world, it must be fully used because it is at the service of shared excellence and it will serve the consumer.”

“Blockchain can bring transparency to agricultural production and distribution to assuage mounting consumer concerns about products’ provenance and sustainability,” he added.

Macron also advocated for a shared development in Africa, alongside a discussion of ecological policies under the CAP. This was evident in his call for France to “export its know-how” and ensure the strength of emerging markets.

Macron Supports Innovative Technology

Macron as being a staunch supporter of emerging technologies and digital innovations. He considers them as tools required for the reformation of the country’s economy.

Macron made a pledge in 2017, to transform France into a startup nation. This pledge has been backed up by France’s Minister for Economy and Finance, Bruno Le Maire. Maire made it known that the country is set for a blockchain revolution.

Source From : Coindoo News

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