FarmTrek
A blockchain based solution to track, insure & collateralise livestock.
What's FarmTrek APK?
FarmTrek is a app for Android, It's developed by InfoCorp Technologies author.
First released on google play in 5 years ago and latest version released in 5 years ago.
This app has 129 download times on Google play and rated as 5.00 stars with 24 rated times.
This product is an app in Business category. More infomartion of FarmTrek on google play
FarmTrek, developed by InfoCorp Technologies, is the world’s first solution for livestock-backed insurance and financing using private, permissioned-based blockchain to tag and track livestock ownership.
The solution is designed as an in-country network for companies and government agencies involved in livestock-related activities, and livestock owners. FarmTrek reduces fraud by maximising data integrity from end-to-end, for the primary aim of solving unbanked farmers’ asset ownership problem. Through the use of physical tamper-proof tracking device, attestation process and digitally immutable data storage, our solution addresses issues of:
• Identity fraud.
• Asset ownership fraud.
• Data security risk.
• Credit assessment risk.
• Livestock insurance moral hazard.
• Livestock tracking and traceability.
• Cost-effectiveness.
Farmtrek provides a complete solution for tracking, insuring and collateralising of livestock in creating a new approach to solving the financial inclusion problem.
The solution is designed as an in-country network for companies and government agencies involved in livestock-related activities, and livestock owners. FarmTrek reduces fraud by maximising data integrity from end-to-end, for the primary aim of solving unbanked farmers’ asset ownership problem. Through the use of physical tamper-proof tracking device, attestation process and digitally immutable data storage, our solution addresses issues of:
• Identity fraud.
• Asset ownership fraud.
• Data security risk.
• Credit assessment risk.
• Livestock insurance moral hazard.
• Livestock tracking and traceability.
• Cost-effectiveness.
Farmtrek provides a complete solution for tracking, insuring and collateralising of livestock in creating a new approach to solving the financial inclusion problem.
