Cryptocurrency Crowdfunding Climate Change Solutions
- Rumbi Chakamba
- Dec 25, 2016
- 1 min read
With Zimbabwe in the grip of its worst drought in 35 years and hit by a cash crisis that has rendered the national currency worthless, farmers around the country are suffering on two fronts. But help is at hand thanks to a cutting-edge tech solution.
Matilda Zuze has lost most of her cattle and has been unable to harvest any maize from her farm in Masvingo, after the rains failed yet again. The farm is located in Masvingo, the region of Zimbabwe worst affected by a drought that started last year. Now she’s not sure how she will feed her four children.
“At the moment we have nothing,” she says. “We are stranded.”
One tech company thinks it has found a solution, a way to help farmers get access to crucial funding to survive the current drought and information to prepare them for the next one. And it wants to do that using Bitcoin.
Zach Copley
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