Fedgroup has developed an app to facilitate direct investment in sustainable ventures in South Africa. Its Impact Farming app, which was launched in late July, allows investors to buy a single beehive, blueberry bush or solar panel from accredited farming partners. It says it tried to do something different with Impact Farming. Investors share the proceeds from the sale of the energy, blueberries or honey and wax with the farmers, typically earning an annual return of 10-16%. The impact farm is one example of how blockchain technology can be used for social good.
Fedgroup has developed an app to facilitate direct investment in sustainable ventures in South Africa. Its Impact Farming app, which was launched in late July, allows investors to buy a single beehive, blueberry bush or solar panel from accredited farming partners. Investors share the proceeds from the sale of the energy, blueberries or honey and wax with the farmers, typically earning an annual return of 10-16%. The impact farm is one example of how blockchain technology can be used for social good.