Feb 27 / 2019
Latest News / Blockchain news
katy micallef
Posted by: Katy Micallef

Macron calls on European farmers to adopt block tech

French President pushes full use of innovation and technology

French President, Emmanuel Macron has called on European farmers to adopt blockchain technology for food tracking in the supply chain system.

In his speech at the International Agriculture Fair in Paris, Macron highlighted the advantages of this emerging tech, saying ‘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.’

He also emphasised the need for the agricultural world to make full use of readily available innovation. Macron also called for a united front of the EU against competition from Chinese, Russian and American products, stating that the competition is not between the European states.

In his speech he also invited France and Europe to seize the opportunities in Africa: “I say, to all farmers and decision-makers, it is an opportunity for us to seize, an opportunity for shared development, an opportunity to export all our know-how and an opportunity to help us make the African continent succeed.”

The French Government announced last year that they are to invest 700 million in blockchain tech, A.I and data mining to transform the 5.5 million strong French bureaucracy.

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