France is currently looking at new regulations, Pacte Bill, for French based companies that will potentially make using ICOs to finance their business much easier as it aims to stimulate its economy. Emmanuel Macron said this week “Blockchain can bring transparency to agricultural production and distribution to assuage mounting consumer concerns about products’ provenance and sustainability” Blockchain is gaining increased traction in many countries as it can help improve supply chain management and offers superior produce tracking and provenance. A report issued 2018 forecast that blockchain in the agriculture market could be worth over $400 million by 2023.
Walmart have been using Blockchain technology for a while for all its green leaf products as it aims to offer customers the ability to know where and when products have been grown. In February 2019, the Chinese government issued a new framework to promote the use of blockchain in the agriculture sector.
