London — A new venture plans to use blockchain to transform the lives of millions of African farmers. Mineral investor African Potash Ltd is partnering with Global Markets Exchange Group International’s (GMEX) FinComEco to develop blockchain-based platforms for Sub-Saharan Africa’s agricultural commodity markets, according to a statement on Tuesday. The "supply-to-demand system" will connect smaller farmers and traders with brokers and buyers to help them boost productivity and obtain better prices, London-based African Potash said.

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