Fighting Hunger With A New Kind of AI – ThoughtAI Agriculture Partner, Zowasel, Wins UN World Food Program Prize, Receives Investment from Guinness, Promasidor – The Delaware County Daily Times

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HARRISBURG, Pa., Aug. 19, 2021 /PRNewswire/ — Zowasel, Africa’s frontline agricultural market, has safed a $100,000 funding by way of the 2021 inaugural UN World Meals Programme’s “Zero Hunger Dash,” the place The agency demonstrated its crop market which functions on ThoughtAI’s revolutionary synthetic intelligence (AI) blockchain.

Through this UN World Meals Program (WFP), Zowasel has safed fundings from Guinness Nigeria Plc, a Subsidiary of Diageo, and Promasidor Nigeria Restricted, A quantity one pan-African shopper food producer. The funding was awarded on July 30, 2021 all by way of a stay event held on Victoria Island, Lagos, Nigeria.

ThoughtAI has developed The primary smart digital infrastructure, A completely new blockchain-based mostly synthetic intelligence system In a place to course ofing agricultural knowledge And a lot extra. The ThoughtAI system provides exact-time market information, current chain transparency, and entryibility to smallholder farmers throughout distant communities by way of its distant Crop Look at Center infrastructures. Relevant For every on-line and offline markets, Zowasel can now guarantee traceability and sustainability knowledge immediately from grassroot suppliers.

Zowasel is working with Greater than 1.5 million smallholder farmers aggregated throughout its community in northern Nigeria and has recently launched operations throughout Nigeria’s Niger-Delta area to assist smallholder farmers throughout the oil palm and cocoa worth chains.

The United Nations WFP developed the “Zero Hunger Dash” as a platform to encourage innovators To place their ideas into movement to get rid of hunger in Nigeria by 2030. The UN agency explains that the Zero Hunger Roundtable is a multi-sector discussion board Aimed in the direction of collectively addressing food challenges by fostering revolutionary strategyes. With Guinness Nigeria Plc and Promasidor Nigeria Restricted investing in Zowasel, the UN WFP will work with Zowasel To current a six-month assist program designed by the WFP Innovation Accelerator, based mostly in Munich, As properly as to the Innovation Hub in Japanese Africa based mostly in Nairobi, The objective is to further develop Zowasel’s enterprise mannequin and to discover companionships alternatives.

“We’re glad that two giants Inside The worldwide market, Guinness Nigeria Plc and Promasidor, discover our market and its use of ThoughtAI’s intuitive know-how worthy of funding. We’re Much extra excited Regarding The prospect, notion, and confidence biggestowed upon our youthful agency,” says Zowasel Co-founder and CEO, Jerry Oche. “We look forward to working with these superb corporations and harnessing ThoughtAI’s blockchain know-how To know and meet their sustainability goals, current chain, and traceability wants.”

ThoughtAI modifications The biggest method digital information is course ofed by embedding Every Little bit of information with synthetic intelligence. With ThoughtAI, knowledge exactly acts By itself – understanding the place it acquired here from, the place It is Alleged to go, and what it Should do. This reduces The want for third-celebration purposes, making knowledge course ofing cheaper, faster, and extra environment nice for sustainable agriculture operations and almost any enterprise that relies upon on knowledge.

Says ThoughtAI’s founder, Professor Andrew Hacker, “The fundings from Guinness Nigeria PLC and Promasidor recurrent a dedication to a extra truthful, environment nice, and sustainable market in Africa, the place one Does not presently exist. It is an funding in ending hunger in Africa, and ThoughtAI is thrilled that our know-how assists such an worthy objective.”

For Zowasel, That is extra Than merely an funding. Partnerships with Guinness Nigeria Plc and Promasidor current buyer acquisition alternatives, including to the buyers of its traceability and sustainability Computer software throughout The current chain.

This funding furtherly will permit ThoughtAI, which recently listed its cryptocurrency, THT, on the CoinMetro commerce To reinformationrce its technical options, serving to farmers bolster crop extreme quality and enhance productiveness To fulfill demand.

Furtherextra, ThoughtAI’s smart digital infrastructure currents further layers of safety, defending Zowasel’s market operations and assisting The house equipment of collaborating companies, from each sector. Every piece Of information is addressable and encrypted, permitting the house owners of The information To Search out out who has entry to it.

Professor Hacker explains, “As We now have proven by way of our companionship with Zowasel, whether or not It is agriculture, healthcare, extreme-velocity commuter rail, manufacturing, space Photo voltaic power, or almost One other enterprise that relies upon on knowledge to conduct enterprise, ThoughtAI provides efficiencies and insights that corporations Need To function Finally and be aggressive and safe in A worldwide market.” To repeat, ThoughtAI provides The primary smart digital infrastructure.

Go to www.ThoughtAI.org for extra information on extremeer enterprise options. To entry And buy ThoughtAI’s cryptocurrency (THT) on CoinMetro, visit Coinmetro.com.

ABOUT ThoughtAI

Thought AI has re-imagined conventional analytics strategyes by embedding knowledge And information with synthetic intelligence, permitting digital information To behave By itself, primarily eliminating The equipment layer. This strategy combines knowledge and logic into an adaptive AI Reply offering a extra useful, responsive, And extremeer worth solution. ThoughtAI has developed and deployed A completely new structure designed to make the most of and course of knowledge by integrating Artificial Intelligence, Blockchain, and Data to create extremely effective, clever methods. Study extra at www.ThoughtAI.org.

ABOUT ZOWASEL

Zowasel is an agricultural know-how startup creating a sustainable and nature-constructive worth chain throughout communities, people, and the planet. The Founder Institute portfolio agency is headquartered in America. Backed by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Zowasel is now assisted by the UN World Meals Program. Study extra at Zowasel.com.

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Supply ThoughtAI; Zowasel

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