Pavo Forms Partnership with Japan-based TAKE Energy
After reaching an agreement with the Japan-based TAKE Energy Corporation, Pavo will henceforth be available in Japan. Pavo is a software firm that provides a fee-based IoT blockchain software solution for the agriculture industry. The platform, which is already operational in Turkey and California, has proven that it can increase hazelnut production by up to 30%.
As the name suggests, the TAKE Energy platform deals with the production of electricity. So far is has constructed several power plants in Japan, including solar-powered plants. Normally, this company strives to ensure that their projects are legally compliant and generate clean and reliable electrical power. According to the deal between Pavo and TAKE Energy, Pavo will integrate its online market place and cryptocurrency payment solution to the TAKE Energy platform.
Commenting on this deal, Erhan Cakmak, the CEO of Pavo, said that the partnership with TAKE Energy is a significant milestone in the company’s vision of expanding their services to new markets. He further lauded the energy company for its remarkable impact on the Japanese market, saying that this conforms to their objective of providing sustainable and reliable services to their customers.
On his part, Kazuma Takemoto, the founder and CEO of TAKE Energy, stated that his company knowledge of the local market will assist Pavo in their mission of enhancing cryptocurrency adoption in the Japanese agricultural sector.
As mentioned earlier, Pavo develops a blockchain-driven Internet of Things (IoT) platform designed to assist farmers in managing their crops form the planting stage to marketing. Essentially, this solution enables farmers to make shrewder and faster agricultural and business decisions based on accurate real-time data.
The company also has a cloud-computing platform that facilitates the real-time management of farms and their produce. This solution advises the growers on how to optimize their farms for production of maximum yields using sustainable farming practices.