Release, a blockchain-powered social commerce platform, has announced that its platform is ready to transform the agriculture and fishing industries.
On July 12, it has been reported that the agriculture and fishing industries have a huge potential to scale at a global level if issues such as logistical efficiency and price fairness can be solved.
However, Release has developed a social commerce architecture that will help in transforming the global agriculture and fisheries logistics.
It explained:
“Sellers will be able to decide on the spot prices of freshly picked vegetables, fruits, fishes, shellfishes, etc. while selling to a general buyer. This can potentially solve the major concerns in this industry and optimize it massively – for the benefit of both buyers as well as sellers.”
Release stated that logistics and supply chain inefficiency and the lack of effective communication between buyers and sellers are some of the most prominent challenges that social commerce is facing.
Blockchain-powered social commerce platform aims to transform the agriculture and fishing industries https://t.co/ldN4yiF05H — Cointelegraph (@Cointelegraph) July 12, 2020
Also, Release stressed that this social commerce platform would eliminate the role of middlemen further strengthening the scope of agriculture and fishing in e-commerce.
Likewise, Release aims to combine social media and e-commerce, to provide a robust social commerce platform that is distributed and decentralized in nature.
As per the report, the project has utilized cutting-edge technologies like Big Data and Artificial Intelligence (AI) to develop a robust, safe, secure, and transparent social commerce platform.
Thus, ‘Release’ native token will allow holders to access features on the platform to purchase services, skills, products, among others.
Source: Cointelegraph | Image: World Food Reporters