Decentralized AI Project SingularityNET to Partner With Hara Blockchain Farming Startup

SingularityNET, a decentralized artificial intelligence company, has recently announced a partnership with a blockchain startup called Hara, which is focused on agriculture. The partnership was announced at the World Web Forum today, January 21.

Hara is set to use the blockchain technology in order to help Indonesian farmers to be more well informed about topics like grain price, the quality of the soil in which they plant the grains and details about land ownership.

With the partnership, the companies will join their forces together to offer crop diagnosis and data analytics powered by artificial intelligence, which can greatly improve the current services that Hara is offering to Indonesian farmers.

The official press release from the companies affirms that the main goal of the partnership is to help both sides to expand their own access and the ability to know more diseases that can affect crops and to automate as much as possible these services while working together.

About SingularityNET

You may have already heard of SingularityNET before this partnership. In case the name does not ring a bell, you should know that the company has gained the attention of the world by creating a humanoid robot called Sophia together with Hanson Robotics. In fact, the CEO and founder of SingularityNET are Ben Goertzel, which worked there as the chief scientist.

SingularityNET had a very successful Initial Coin Offering (ICO) and now will probably see more developments on its technology as it joins Hara for this new project with agriculture, the blockchain technology and AI together.

Food And Farming Blockchain Apps On The Rise

After Bitcoin went mainstream in 2017 and the blockchain technology started to become more famous, we have seen several interesting projects in the fields of farming and food that use this new tech.

Just last year, the number of blockchain apps for farming and food was raised considerably. Most projects were focused on increasing the transparency of the industry and to create better supply chains for it.

Some of the main examples of companies that did were ABCD, which made a partnership to use the blockchain technology and Medici Ventures, the blockchain arm of Overstock, which is now in the blockchain game as well. Big retailers like Carrefour and Walmart are also using technology as a way to track produce.

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Gabriel Machadohttps://bitcoinexchangeguide.com/
Brazilian journalist who is interested in the future of the financial world. Has a special interest in the blockchain technology and the global financial markets. Covers economic and technology news with a focus on the fintech industry and has been writing about the cryptocurrency market since the start of 2017.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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