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International Business Times

Business

Marvie Basilan

EXCLUSIVE: Unstoppable Domains COO Talks Digital Identity As 'Economic Equalizer' For Farmers

Unstoppable United States UD blockchain Crypto peaq

Unstoppable Domains partnered with Farmsent in mid-August to empower smaller farmers worldwide through digital identities. (Credit: Unstoppable Domains Twitter)

KEY POINTS

The UD x Farmsent partnership will provide farmers with a digital ID through the '.farms' domain
A digital identity can help small farmers 'overcome the unfairness inherent in the centralized food economy': UD COO Sandy Carter
The digital ID should also help spark collaboration and innovation among farmers of all sizes, she said

Agriculture has seen a technological evolution in recent years, and the rise of Web3 has paved the way for farmers to explore their options with cryptocurrencies. The gradual onboarding of farmers into the blockchain has brought about positive changes in the lives of smaller farmers who struggle with competition against large agriculture businesses.

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