Farmers need access to loans, Jia said. But they typically have types of collateral that are different from those of city people. A farmer’s assets might be pigs or chickens. As a result, Ant Financial is setting up cameras on farms that can display a farmer’s assets in real time to help assess credit scores and risk in lending scenarios. Such data can also be used by ET Agricultural Brain to help farmers with the animal-raising process. With this risk-assessment camera in place, farmers can then use Alipay to apply for loans.2381 ↱
Blockchain Chicken Farm
And Other Stories of Tech in China's Countryside
Xiaowei Wang