UAE Based Avanza implements Blockchain platform for Pakistan
Avanza Innovations has recently implemented Hyperledger Fabric blockchain enabled smart framework Agreement platform for Pakistan’s Sindh Agricultural Growth Project in collaboration with WorldBank, and Microsoft.
The Sindh Agricultural Growth Project for Pakistan is to improve the productivity and market access of small and medium producers in important commodity value chains. The project consists of three components. The platform was built with the collaboration of Pakistan Sindh Government, WorldBank, Avanza Innovations, and Microsoft. Avanza Innovations has been implementing considerable blockchain projects across the GCC
The launching of the platform was carried out through an event. During the event opening remarks from the Honorable Provincial Minister for Agriculture, Mr. Muhammad Ismail Rahoo congratulated Avanza and Microsoft for successfully delivering a state of the art and first ever Production grade blockchain based platform in Pakistan for SAGP and The World Bank.
Speaking at the event, Mr. Aftab Solangi, Chief Monitoring and Evaluation Specialist – SAGP said, “SAGP in collaboration with the World Bank conceptualized the idea and further developed a prototype of Blockchain to integrate into our procurement system”
The Government of Sindh with the support of World Bank initiated the SAGP project for the well-being of small-scale farmers and overall development of the agricultural sector. With the help of Collabrex platform, farmers have an access to a digital market place from where they can conveniently acquire relevant equipment and resources seamlessly – while the Government of Sindh, SAGP, and World Bank can keep a complete and immutable trace of the provided equipment and resource. In addition to this, Collabrex provides a paperless/online experience in these challenging times of Covid-19 where farmers can avail Government of Sindh led facilities through digital channels without having to visit government offices.
Mr. Hidayatullah Chhajro, DG/PD, Agriculture Extension Sindh, Said “Collabrex is a break through which will bring ease in the life of farmer through various components of the solution such as E-Marketplace.”
Collabrex has been built on high performance distributed ledger technology framework, Hyperledger Fabric, deployed on Microsoft Azure, and implemented using CIPHER: Avanza’s Blockchain implementation platform. Built on blockchain technology, Collabrex ensures transparency, data immutability, audibility and precise execution of all processes through smart contracts. The platform can be easily extended to support allocation, dispatch and tracking of equipment and resource in any industry vertical
Mr. Khalid Anjum, Procurement Specialist – World Bank commented, “Collabrex will reap benefits to World Bank and any other donor by ensuring that the funds are utilized for intended purpose, since the platform data is secure and immutable”
Shahzad Khan, Country General Manager – Microsoft Pakistan said, “Microsoft is keen to play its role in promoting the great work happening in the region. Through our partners such as Avanza that have local know-how and global expertise, this is the recipe of making such projects successful. Collabrex leverages Avanza’s Cipher platform and Microsoft Azure cloud services to meet needs set out by Government .of Sindh, this is also aligned with Microsoft’s mission to empower every person and every organization on the planet to achieve more.”
Waqas Mirza, CEO – Avanza Innovations added “Avanza has been enabling and empowering governments across multiple regions to embrace 4th Industrial Revolution (4IR) through digital government transformation and smart city platforms – and through nascent technologies such as Blockchain, Artificial Intelligence and Robotics. We are very happy that SAGP has provided Avanza the opportunity to implement Pakistan’s first production-grade blockchain solution. We hope to replicate this success in many other verticals and regions within Pakistan”