Tuesday, May 17, 2022
HomeNewsMahindra Employs Blockchain Technology for Grapes Export Business

Mahindra Employs Blockchain Technology for Grapes Export Business

As Blockchain Technology spreads its feather, the Indian conglomerate Mahindra appoints the technology for its grapes export business. Aimed at countering the concerns of the global market about the transparency of its supply chain and overall brand image of Indian grape export market.

Ashok Sharma, Managing Director and chief executive officer of Mahindra Agri solutions Limited stated while announcing the development that they are the first company in the world to adopt blockchain Technology for its grapes export business. The endeavor will aid the customers to be assured about the quality of grapes they are consuming.

Furthermore, he asserted that the involvement of blockchain will drastically change the Indian food export industry marking itself as a milestone in the way future business will be carried out. Sharma also notes that the blockchain technology in India has very few use cases and  Mahindra is proud to be the one to adopt it.

Read more: Mukesh Ambani’s Reliance Industries Acquires 5.56% Stake In UK Based Blockchain Startup



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