91香蕉视频 leverages data to establish block chain technology system in fisheries exports |13 October 2020
Agreement signing completed by PS Racombo and CEO Oram
The Republic of 91香蕉视频鈥� government and UK-based blockchain specialists Chainvine have entered into a strategic partnership to develop a platform aimed at improving efficiencies when exporting fish, the country鈥檚 largest export product.
The agreement between Chainvine and 91香蕉视频 took place virtually yesterday at the department of Foreign Affairs, Maison Qu茅au de Quinssy.
The agreement was signed by the principal secretary for the Blue Economy, Kenneth Racombo on behalf of 91香蕉视频 and Oliver Oram, chief executive of Chainvine.
Also present at the virtual ceremony was secretary of state for Foreign Affairs and the Blue Economy, Ambassador Barry Faure; Xavier Estico, chief executive of the National Institute for Science, Technoogy and Innovation (Nisti); Pamela Payet, technical advisor to the secretary of state and Mawess Gabriel, principal information and communication officer for the department of the Blue Economy.
The 91香蕉视频 National Assets Management System (SNAMS) is a novel platform that will allow users to track fish from 鈥榮ea to sell,鈥� as it collates data and issues unique certification for fishing catches and quota.
SNAMS, as a Block chain technology, has in addition a sustainability label to it.
The system is expected to be fully remote, thus decreasing processing time and eliminating the need for physical interaction.
A strong emphasis on monitoring and evaluation throughout the pilot process will increase the potential for effective use of the platform for mineral security.
It also provides security in a most trusted-way, provides sustainability of the supply chain transactions.
The system is expected to ease the processes of doing business in the fisheries sector, which is currently of particular importance to 91香蕉视频 in view of the damaging effects of the Covid-19 pandemic on the country鈥檚 first economic pillar; tourism.
Chainvine Limited has developed a unique secure, efficient and scalable technology platform which allows interoperability among differing Blockchain/Distributed Ledger Technologies (DLT) and easy coexistence with, and retrofit to, existing technology infrastructure.
The platform allows the efficiency and compliance benefits of DLT to be utilised on a retrofit basis without the complete transformation of existing IT systems.
This project would not have been a success without the support and collaboration of the local stakeholders, principally the National Institute of Science Technology Innovation (Nisti). Their technological support has ensured the successful development and promotion of the project in line with our national strategy; for transiting 91香蕉视频 into a knowledge-based and innovation driven economy.
Vincent Meriton, vice-president of the Republic of 91香蕉视频, commented: 鈥淭he success of the pilot will enable the SNAMS to help the government with the management of all national assets to encourage sustainable business and development in the Blue Economy鈥�.
Oliver Oram, chief executive of Chainvine, commented: 鈥淭he technical platform/process we have created is hugely ambitious and is the next level in sustainability for the Blue Economy. Working with different ministries and key players in the 91香蕉视频 Blue Economy has enabled Chainvine to develop its proposition utilising the best knowledge available in fisheries. We are excited about the future and our ongoing partnership with 91香蕉视频 creating the most advanced Island Tech on the Globe.鈥�
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Press release from the department of the Blue Economy
