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Macron urges Europe to implement blockchain in agriculture

The president of France Emmanuel Macron has supported the idea of application the blockchain technology in supply chains tracking of rural products in EU countries.

The leader of France urged the states of the European Union to integrate and act as a single unit to compete with China, Russia, and the USA, highlighting the importance of the overall agricultural policy of the EU in this regard.

Macron outlined three key strategies that can develop the agricultural industry in the EU and maintain the competitive features, having certified that neither a vendor nor a consumer wants to get under the dictatorship of the non-European states. Among those strategies was an implementation of the innovative technologies, so as a blockchain.

The president drew the attention to the fact that the blockchain technology was ideal for ensuring the transparency and distribution in the agricultural industry to decrease the growing concern of the consumers about the goods origin.

Earlier, in 2017, the president expressed the intention to make the state a forge of innovations. He was supported by the Minister of Economy and Finance Bruno Le Maire, who reported that the country was ready to global implementation of technology of the distributed register.

Recently Carico Café Connoisseur, a coffee company from Uganda, reported the intention to apply a blockchain to track the delivery of products.