HARA Is On A Mission To Improve Farm Data By Using Blockchain Technology


HARA Is On A Mission To Improve Farm Data By Using Blockchain Technology
HARA Is On A Mission To Improve Farm Data By Using Blockchain Technology 

A Jakarta-based startup HARA is using blockchain technology to manage & analyze farm data, collected from soil and crop conditions to pest infestation, cultivation process, land ownership and grains transaction in order to improve farmers’ livelihood.
Last week in an interview, Chief Executive Officer Regi Wahyu said, 

1. His mission is to provide rural smallholders access to various farm goods, financing and crop insurance.


2. Since last year, HARA has collected data from 27,000 rice and corn farmers in east Java and in future, HARA expects to collect data from all 34 million farmers in the country.

3. As of now, HARA has more than 700 field agents to collect the data.
This data can be used to feed financial companies detailed information needed for credit assessments or crop insurance, Wahyu said.

4. HARA currently works with PT Bank Negara Indonesia and PT Bank Tabungan Pensiunan Nasional Syariah in providing loans to farmers.

5. HARA is supported by several strategic investors in the food industry and has plans to raise $5 million in funding next year.

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