Peterson Projects and Solutions (Thailand)

Peterson Thailand and the Development CAFE Collaborate to Scale Use of Blockchain in Asian Agribusiness – Values, Transparency & Impact


Bangkok, Thailand -- (SBWIRE) -- 02/27/2018 -- Peterson Projects and Solutions (Thailand) has signed a memorandum of understanding (MoU) with The Development CAFE (Indonesia) to channel new investment into blockchain solutions to increase the transparency and sustainability of Asian agribusiness and agroforestry. "Across Asia, blockchain technologies will increase better investment into agribusiness and forestry, historically high-risk business models. We're excited to be creating new values-based impact for business, people and the environment," said Rachel Zedeck, Director of Peterson Thailand.

As a disruptive technology, Blockchain can be harnessed to ensure we meet the needs of the world's most vulnerable affected by conflict and climate change. "DevCAFE provides frugal innovation solutions, ensuring human need leads technology, rather than technology governing us. .The relationship with Peterson offers us a new opportunity to work more with private sector actors who share common values for creating Social Impact" Valentine J Gandhi, Founder of The Development CAFE.

Asia's Rice Blockchain

In April 2018, Peterson will trial its rice blockchain offering smallholder farmers a smart contract to be complimented by token-based carbon incentives.

What is Blockchain?

A digital ledger in which transactions are recorded chronologically and publicly. This open, distributed ledger records transactions between two parties efficiently and in a verifiable and permanent way, facilitating the creation of new and "trusted" networks.

The Companies

Peterson Projects and Solutions (ASIA) delivers best practices for aquaculture, agroforestry and environmental ecosystem and closely collaborates with corporations, governments, investors, foundations, communities, farmers and consumers to align with the Sustainable Development Goals (SDGs) to generate sustainable social, environmental and economic returns.

About The Development CAFE
The Development CAFE is a non-profit organization registered in Kenya and Indonesia and is working on research, impact evaluation, capacity development, policy advocacy and ICT for development (ICT4D) by using new technologies to empower other NGOs, local governments and beneficiaries established in Asia and Africa. It is also a global network of development professionals with members from 143 nations, who come together for collaborative interventions for human development.

Contact: Ananya Muangkong
T:+66(0)23611960 M +66(0)865960104
Peterson Projects & Solutions (Thailand) Co., Ltd.
OFFICE 18 Soi Lasal 77, Sukhumvit Road - Bangna - Bangkok 10260 - Thailand