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Real life yield farming: How tokenization is transforming lives in Africa

Real life yield farming: How tokenization is transforming lives in Africa

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Source: Coin Telegraph

A new wave of blockchain and tokenization projects is helping African farmers access revenue, investments and loans to build better lives.

Blockchain technology is planting the seeds of change in Africas farming sector, providing solutions to long-standing barriers like market access, financial limitations and fair pricing.

For farmers like Sophia Wambui Ngamate from Nakuru County, Kenya, aged 54, it has been a lifeline. One Million Avocados has wonderfully assisted me in planting more than 120 avocado trees in my shamba, she says of the Kenyan crypto project that uses orchard tokenization to further an aim to plant a million avocado trees across Africa.  

Theyve trained me, linked me to other farmers, provided fertilizers, and are even helping us access better markets, she says.

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Author: Ndabari Njenga