Thursday, September 17, 2015

AGRIBUSINESS: E-WALLET IN AGRICULTURE.

Information is vital to growth of any economy.The rate at which information is generated,disseminated and utilized is rapidly changing how businesses are run thus imparting the economy. Information communication technology has changed the playing field in various strata of the economy,with the advent of mobile phones,internet ,apps, and cloud services.


E-WALLET IN AGRICULTURE. Telecommunication has been utilized to collect data,analyze data,process the data and disseminate this as information to individuals and corporations thus ensuring perfect operations in these fields resulting in economic development. 

 The possibilities of telecommunication as a growth driver of the economy is endless.The world itself is a global village, making communication,transfer of documents across continents at the speed of a click.

The role of telecommunication as a force for economic change are as follows; 

 1) Education; this gives access to books,articles,journals learning aids and teaching aids.Telecommunication also facilitates obtaining degrees online,by provision of online universities and self-help courses,which open up individuals to wealth of information and advanced technology which they can apply to their various fields.E-WALLET IN AGRICULTURE. 

 2) health, this gives access to unique health care facilities,interaction with experts all over the world and exposure to latest medical procedures and diagnostic tools. This is so very useful in the rural areas where they can access a medical personnel by simply making a call,joining in conference calls and also . 3) AGRICULTURE; this allows forum discussion, dissemination of real live updates on weather,price, improved seeds, insurance, pest control and animal management.There are several program mes that transfer information through info graphics,animation or videos educating farmers so that they cut losses and expand the business.

 4) Time management; with telecommunication every aspect of production is simplified making work fast and easy.Every information can be easily accessed, and quickly disseminated,thus saving time and over head cost. 

E-WALLET The role of telecommunication as a growth driver for the economy is made possible and workable because of the mobile phone,one in every 2 people has a phone even in rural communities,there is an access to pay phone points. Telecommunication is a game changer in the business world and especially the agriculture sector where so many innovations and strategies are springing up to ensure food security; one of such programme is the phone -a-farmer initiative® to boost the agricultural value chain in various sections.

  E-WALLET IN AGRICULTURE. The company employs the use of data to profile information relevant to each farmer and as such render quality information that saves moneys and boost the revenue of the farmer.

The success of the project is hinged on the large number of farmers with a phone and on dedicated network that gives real time information through SMS or MMS. The initiative includes all sectors of agriculture value chain, processing and packaging. 

 The aim of initiative is to get all real time farmers down to grassroots where majority of farming is operational. E-WALLET IN AGRICULTURE. HELLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLO!!! NIGERIA. .

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