Based out of Nairobi, Kenya, Shamba Network uses blockchain, remote sensing technology and statistical sampling to solve specific problems the region and its people face. The explicit goal is to lower the costs of climate insurance by improving the tools for monitoring, reporting and verification (MRV). That’s a term often used in carbon marketplaces, meaning software and hardware used to measure and verify data points such as carbon dioxide emission. Along the way, Shamba is promoting regenerative practices that will, by implication, also combat climate change. Eventually Shamba aims to allow groups of smallholder farmers to make money by issuing carbon credits.
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