Pundi Labs (Pundi X)[1], a point-of-sale (POS) terminal maker, has announced a partnership with blockchain startup HARA[2] to bring its blockchain-based POS devices to farmers. The company said the partnership will seek to facilitate data collection and financial inclusion across Indonesia’s rural areas and agricultural sector.
HARA, a blockchain startup incorporated in Singapore, is developing a data exchange ecosystem. Starting with the agriculture and food sector in Indonesia, HARA is providing an end-to-end solution for all stakeholders in the data exchange market. The platform collects real-time data from across the agricultural and food value chain with the goal to help farmers increase annual yields and boost productivity.
Farmers, NGOs, and other on-the-ground partners are incentivized to provide data on ecological, crop, and market conditions such as soil quality, grain price, and land ownership. Those who input data into the blockchain are rewarded with HARA Tokens. Meanwhile, companies, organizations, government institutions, and individuals can purchase raw data sets from the HARA decentralized data exchange using the cryptocurrency.
The partnership with Pundi X will see the company’s XPOS cryptocurrency-supported devices being deployed initially across Indonesian villages at an approximate density of one device of every 200 farmers in participating areas.
The POS devices will be available to farmers to use and claim their HARA tokens as well as exchange them.
“HARA has dedicated itself to connecting the missing pieces in global agriculture for the benefit of everyone involved in the supply chain. The data we are already collecting from farmers brings benefits to transportation, to consumers, to commercial interests and to governments,” said Regi Wahyu, CEO and co-founder of HARA.
“The addition of the Pundi X POS to our ecosystem allows us to connect another missing link, which is the processing of digital
