Macron Calls On Europe To Implement Blockchain In The Agricultural Sector

French President Emmanuel MACRON wants to introduce the blockchain technology into the supply chain to make the agriculture industry more innovative. He claimed it during his speech at the 56th International Agricultural Fair in Paris, as is reported by Agridigitale website.

Macron called for the unity of European countries regarding this question, pointing out the developing competition from China, Russia, and the United States and stressing the importance of the EU’s Common Agricultural Policy. The French President identified three strategies for the development of the agricultural sector in Europe, among which was a call for innovations using advanced technologies such as the blockchain:

“Let’s do this in Europe, the avant-garde of agricultural technology, by developing tools that will track every product from raw material production to packaging and processing. The innovation is there and it must be used in the agricultural world, it must be fully used because it is at the service of shared excellence and it will serve the consumer.”

He also added that the blockchain would help ensure the transparency of production and distribution of goods and reduce the growing consumer concern about the provenance and sustainability of the products.

In 2017, the President promised to make France a “Startup Nation.” He was supported by the Minister of Economy and Finance Bruno LE MAIRE, who said that France is prepared for the blockchain revolution.

Image courtesy of BFMTV