AB InBev, the company behind the Budweiser brand, is helping local African farmers to prove their income using blockchain, Yahoo (NASDAQ:AABA) Finance reports on Jan. 21. A blockchain-based system developed in partnership with BanQu tracks all the local suppliers of AB InBev, replacing the paper trail.
AB InBev is a multinational conglomerate born out of the merger of several established beer producers. It includes Budweiser, Stella Artois and Corona as some of its most recognizable brands.
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