FinComEco, A Financial And Commodities Ecosystem
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 1 June 2018
⏱️ 23 minutes
🧾️ Download transcript
Summary
FinComEco is a financial and commodities ecosystem – aiming to improve food security and economic diversity by providing the most current business and technological solutions tailored for each country whilst providing economic growth opportunities to all participants, from the local smallholder subsistence farmer upwards in a commercial manner. Their solution of leveraging and enhancing the current logistics, warehousing and standards within Africa (and eventually other countries) establishes a fully vitalized agricultural ecosystem efficiently linking supply and demand underpinned by innovative blockchain technology.
FinComEco, fosters financial inclusion with social responsibility by delivering a holistic secure cloud-enabled financial agri-ecosystem in collaboration with local stake-holders, development organizations, governments, research bodies and the private sector.
Transcript
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| 0:00.0 | Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.6 | Future technologies are always to transform our lives for better or worse or the focus of this podcast. |
| 0:13.3 | Almost here means these technologies are now here and starting to be used. |
| 0:17.8 | We're just around the corner, from Bitcoin to artificial intelligence, 3D printing, |
| 0:22.7 | blockchain, virtual reality, and more. |
| 0:25.8 | Welcome to Future Tech podcast. |
| 0:28.1 | This is your host, Juliet Lamar. |
| 0:30.0 | And I have with me on the line today, Haranda Mizra. |
| 0:34.0 | He is the founder and co-chairman at Fincom Eco and FarmCoyne. Welcome. Hello there. Thank you. |
| 0:41.7 | Thank you for joining us. I'm very interested to hear all about what you guys are up to at FinCom Eco. |
| 0:47.0 | So why you go ahead and start us off with a little overview of the company? Sure. FinComEco |
| 0:52.5 | stands for the financial and commodities ecosystem. And what we're doing is |
| 0:58.3 | establishing more effective markets for African farmers so that they have better routes to sell their |
| 1:05.4 | produce, but also have better access to finance and also inputs like pesticides, fertilizer and seed. |
| 1:12.6 | So ultimately their incomes go up and whereas many of them are on banks, they can then start |
| 1:18.6 | to be banked by having the services that you and I take for granted, but also then having |
| 1:23.6 | the underlying infrastructure to grow their businesses and go from farm to |
| 1:27.8 | value-added production. |
| 1:29.3 | And that's such a necessary thing. |
| 1:31.1 | If you want to give us just a quick little snapshot of, you know, what life is like for |
| 1:36.4 | these farmers and what they're really up against and how this service is something that |
| 1:40.9 | is definitely needed. |
... |
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