Nuvus set to introduce bio agriculture and blockchain technology in Africa
NUVUS Corp., a pioneer in bio-agricultural technology, announced that it has entered into a Letter of Intent with Kunjani Group to expand its global reach into Sub-Sahara Africa.
NUVUS’ Blockchain solution, built on IBM’s Hyperledger, will use GETX cryptocurrency, for a first-of-a-kind seed to patient tracking solution in the bio-pharma industry.
For the first time, regulators will be able to track the entire chain of custody of bio-agricultural products from purchasing seed to dispensing to patients. NUVUS Corp.’s solutions promote greater efficiencies for higher quality yields by efficiently managing energy, water and nutrients.
“Partnering with Kunjani Group allows NUVUS Corp. to begin its global expansion through a strong partnership and efficient use of our resources,” said Sam Talari, Nuvus Corp’s CEO. “We are encouraged by the evolving regulations around the globe that places NUVUS in the right place at the right time. NUVUS grow automation and Blockchain technology validates and verifies the entire supply chain to promote patient safety by understanding the origin and life of the plant in the bio-agricultural industry.” Said Talari.
“Sub-Sahara Africa has a rich agricultural history that demands greater efficiencies in order to be sustainable—from water to soil nutrition. Kunjani Group is committed to promoting sustainable agricultural practices throughout the region,” said Harris Blass, Kunjani Group Managing Director. “With NUVUS Corp, Kunjani will bring the latest technology to the bio-agricultural industry that will set the stage for developing countries to compete with developed countries. The practical application of NUVUS Blockchain means Kunjani Group will be first to market innovative solutions in Sub-Sahara Africa to serve the market and regulators to ensure patient safety in the ever emerging bio-agricultural market.”
Founded in 2013, NUVUS Corp. is a leading provider of bio-agricultural automation technologies and is building the first seed to patient tracking system on a global exchange built on Blockchain for use in the emerging hemp industry and will use GETX cryptocurrency to create AML / KYC transparency in transactions.
Kunjani Group is registered in the Cayman Islands and operates in Sub-Sahara Africa. The licensing agreement contemplated by the Letter of Intent will provide Kunjani Group with the exclusive license to sell and distribute NUVUS technologies throughout Sub-Sahara Africa.