Blockchain-focused Project Covantis, Backed by Agri-Business Giant Cargill, Chooses ConsenSys as Tech Partner - Crowdfund Insider
Covantis, a blockchain-focused project backed by multinational agri-business companies such as Cargill, has reportedly chosen ConsenSys, a Brooklyn, New York-based Ethereum development studio, as its technology partner. Four of the world’s largest multinational agri-business firms had launched a joint project to digitize their global shipping transactions using distributed ledger technology (DLT) and artificial intelligence (AI).
The founders of the project recently confirmed that their joint initiative will be referred to as Covantis. ConsenSys’ management will provide Covantis several enterprise-grade blockchain software tools and services, which reportedly include PegaSys Orchestrate, Kaleido and MythX, in order to develop the blockchain platform on Ethereum.
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