IBM, Hello Tractor To Develop Agriculture Digital Wallet Based On AI And Blockchain
Tech giant IBM is collaborating with tech company Hello Tractor to develop an agriculture digital wallet based on artificial intelligence (AI) and blockchain technology.
Hello Tractor transform lives by delivering reliable and affordable tractor co-sharing services. Using a mobile app, the Hello Tractor aggregates tractor service requests and pairs them with recommended tractors and operators, while simultaneously tracking how many hours each piece of equipment is in the field and area serviced.
IBM Research scientists in Kenya are currently working with Hello Tractor’s developers to apply several technologies including the Watson Decision Platform for Agriculture, blockchain, the Internet of Things (IoT) and IBM Cloud, to the mobile app. Once fully developed, the mobile app will feature an agriculture digital wallet and a blockchain-enabled and AI-based decision support platform that enables capturing, tracking, and instant sharing of data.
“Our vision is to leverage AI, blockchain and the IoT to digitize, optimize and streamline agricultural business processes, creating efficiencies and new services from farm to fork around the world,” said Solomon Assefa, Vice President, Emerging Market Solutions and Director, IBM Research – Africa. ”
Assef added that blockchain will provide a tamper-proof definition of demand-side and supply-side workflows from tractor request to fulfillment, payment for services, and distribution of proceeds, authorized access to services and documents within the workflow, logging of all workflow-related approvals including booking, invoicing, etc.
The new services will be tested in a pilot starting in the first half of 2019. For the next phase of the project, the companies are looking to use machine learning with image recognition to predict the quality of cultivation. Plans are also underway to expand the platform beyond Nigeria to Kenya, Mozambique, Senegal, Tanzania, Pakistan and Bangladesh.
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