Gregory Arzumanian, the CEO of FCE Group AG, was one of the keynote speakers at a discussion on Powering and Boosting Agricultural Grains and Services (BAGS) Flagship Program in Kaduna State, Nigeria. The event was held on Wednesday, March 9, online.
The program aims to make a major socioeconomic impact. Program participants focus on mechanization, automation, and increasing the efficiency and safety of food supply chains
. Everyone in the chain, including transporters, farmers, dealers and grain suppliers, will benefit from increased productivity and improved access to markets, as well as better accountability and financial traceability. The program also supports sustainability in the agribusiness sector and coordinates efforts in this direction.
Gregory spoke about the technology side of improving agriculture and how to harness the potential of blockchain and cloud technologies for agribusinesses. Together with Synergos Nigeria Director Victor Adejoh
, Gregory presented a roadmap for digitizing relationships between all actors within supply chains, from producers to consumers, to make business processes in agriculture manageable, secure and transparent. All these plans are part of the collaborative pilot project in Nigeria.
In terms of technological tools, Gregory spoke about the planned implementation of digital passports
(E-passports), paperless document flow
, traceability in the value chain, and delivery accountability. A blockchain-based data flow system ensures data security and availability in an agricultural market environment in Nigeria. This is a critical aspect of creating a fair and honest agricultural market in the country.
Gregory also shared plans for how other participating organizations in Kaduna State can join forces and leverage cloud technologies for full traceability of fund and product flows. FCE Group will provide the technology and connect agribusiness stakeholders with high-level technology experts and provide comprehensive technology consulting.