Moscow Government To Use Ethereum For Farmers Market

Aug 29, 2018 at 16:26 Update Date :Feb 27, 2019 at 07:46 UTC

The government of Moscow has plans to start using ETH as part of the new project that will allow trading spots for the weekend farmers market.

The new system will keep track of the farmer’s applications, who’ll be trying to secure a spot amongst a limited number of commercial spaces. About 2736 trading plots are available to the farmers, as the market season ranges from 20 April up till 25 November, with farmers arriving to trade from all over Russia, and also from Belarus, Kazakhstan, Armenia, and Kyrgyzstan.

There’s definitely a rush to secure these spots, with about 20,000 application falling in every year. This new project aims to use ETH to make a completely secure record of these applicants, and make necessary updates as when any of them are provided with or denied access, says Andrey Borodyonkov, the Moscow City Hall blockchain-based products manager.

Borodyonkov explained that the use of Blockchain would guarantee the security of the recorded applications. It would also make it possible to conduct an audit of the applications.

The Moscow government released a detailed statement, explaining:

“A major issue right now is that a majority of farmers are dissatisfied with the present system in place for recording applications.”

The Moscow City Hall CIO’s official advisor for strategies and innovations, Andrey Belozerov, explained that they anticipated the new system to help remove some of the worries, by making the date more open source, and therefore accessible.

“We believe that farmers should have a transparent system to see why their application is declined or approved,” he explained to reporters. “Blockchain is to make sure that the process is fully transparent and no one can alter an application. We hope that blockchain will provide full transparency for everyone.”

The City Hall began acquiring programmers and developers who will be able to make this new process a possibility since back in 2016, and new wing named “Product Blockchain” also formed.

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