UfarmX Empowering Farmers and Improving Yields through Blockchain Technology

Cover image of UfarmX, Agritech venture on VC4A

At UfarmX we utilize blockchain technology to provide ledger based record keeping solutions (portfolios for the farmers), transparency and traceability in the agricultural supply chain. We create ecosystems that provide these farmers with access to quality inputs and guaranteed markets for offtaking. Thus far we have increased farmers yields by 300% on average and created a pathway for the unbanked to become bankable. Through our patent software and direct engagement we are able to identify the individualized challenges faced by farmers on our platform, put them in communal groups and pinpoint the precise geolocation of their farmers and photographs of each farmer. We currently have over 1,000 farmers on platform between Nigeria & Senegal and own and operate a 100 acre organic commercial farm. We are projected to do $19M in revenue within the next 4yrs, & additional revenue streams also include opportunity through our direct to farmer approach for redistribution of carbon cred

Sectors Agritech, Blockchain, Software as a Service
Location Columbia, United States of America
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