ALTWOW LOGO ALTWOW LOGO
  • HOME
  • PR
  • ALTCOINS
  • AIRDROP
  • DEFI
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Exchange News
    • ICO News
    • Mining News
    • Regulations News
  • EXCHANGE
  • CASINO
  • MORE
    • Advertising
    • ICO
    • Web Hosting
    • Affiliate Program
    • Wallet
    • Apps
    • BOTS
    • Cards
    • MINING
Reading: Gluwa Blockchain Partners With Lagos State Government to Digitize Agricultural Assets
Share
Ad image
Altwow Blogging WowAltwow Blogging Wow
Font ResizerAa
  • ABOUT
  • TOS
  • Cookie Policy
  • Comment Policy
  • Disclaimer
  • Privacy Policy
  • Advertisement
  • Submit Guest Post
  • Sitemap
Search
  • HOME
  • PR
  • ALTCOINS
  • AIRDROP
  • DEFI
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Exchange News
    • ICO News
    • Mining News
    • Regulations News
  • EXCHANGE
  • CASINO
  • MORE
    • Advertising
    • ICO
    • Web Hosting
    • Affiliate Program
    • Wallet
    • Apps
    • BOTS
    • Cards
    • MINING
Have an existing account? Sign In
Follow US

Home - Gluwa Blockchain Partners With Lagos State Government to Digitize Agricultural Assets

Press Release

Gluwa Blockchain Partners With Lagos State Government to Digitize Agricultural Assets

Press Department
Last updated: 27/10/2022 11:34 am
Press Department
Published: 27/10/2022
Share
SHARE

San Francisco, California, 27th October, 2022, Chainwire

Blockchain infrastructure platform Gluwa is partnering with the Lagos State government to transform the agricultural sector. The move will enable the digitization of agricultural assets, making it easier for farmers in the region to obtain finance.

The project will involve the Lagos State Ministries of Agriculture, Finance, Science and Technology as well as the Lands Bureau. These entities will support the integration of physical farmlands into non-fungible tokens in a bid to provide access to digital asset-backed loans for all Lagos state farmers.

Gluwa CEO Tae Oh said: “Agriculture is one of the backbones of the Nigerian economy, with 35% of the population in its employ. It must be modernized for the government and the private sector to realize its full potential and attendant benefits.”

“According to the five-year Lagos State Agricultural and Food Systems roadmap, where the sector is projected to generate upwards of $10B by 2025, it will be of immense value for agricultural assets to be identified, recorded, and traded using innovative blockchain technology.”

Speaking at the launch, the Lagos Commissioner for Agriculture, Abisola Olusanya, noted that the administration of Governor Babajide Sanwo-Olu aims to make Lagos State fully self-sufficient in the areas of wealth generation, value creation, food security and industrialization of the agricultural sector.

- Advertisement -

Olusanya said its strategies for sustainable agricultural development focus on three pillars of growing the upstream sector. This will be achieved through leveraging technologies that can lower the cost of production of value chains, “focus on growing the midstream and downstream sectors that are of value, and improve on private sector participation by developing and initiating policies that will encourage more private investments in agriculture.”

About Gluwa

Gluwa is an open finance platform, connects capital from developed markets to emerging market lending opportunities using blockchain technology. By providing the decentralized infrastructure rails to raise and disburse capital anywhere in the world, investors can use the Gluwa Invest platform to partake in debt-financing deals with emerging market fintech lenders, earning up to 15% APY.

Contact

VP of Business
Aston Lee
Gluwa
support@gluwa.com

TAGGED:Blockchain
Share This Article
Facebook Email Print
How to Build a Crypto Mining Rig: Step-by-Step Guide for Beginners
How to Build a Crypto Mining Rig: Step-by-Step Guide for Beginners
Uncategorized
How to Download Cudo Miner: Step-by-Step Guide
How to Download Cudo Miner: Step-by-Step Guide
Guide
How to Pay Taxes on Crypto Staking Rewards: Step-by-Step Guide
How to Pay Taxes on Crypto Staking Rewards: Step-by-Step Guide
Guide
Where Is Bitcoin Mined? Discover Top Crypto Mining Locations
Where Is Bitcoin Mined? Discover Top Crypto Mining Locations
Guide
ALTWOW LOGO

Altwow.com is your reliable source for the latest crypto news, exchange reviews, and blockchain insights. We provide accurate information on DeFi projects, trading platforms, and digital assets to help investors stay ahead in the fast-moving world of cryptocurrency.

[mc4wp_form]

Qucik Menu

  • ABOUT
  • TOS
  • Cookie Policy
  • Comment Policy
  • Disclaimer
  • Privacy Policy
  • Advertisement
  • Submit Guest Post
  • Sitemap

Quick Link

© ICURE Network. ICURE Design Company. All Rights Reserved.

Follow US on Socials

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?