SingularityNET & HARA to Help Indonesian Farmers Improve Their Business with AI, Blockchain

SingularityNET, a decentralized network for “creating, sharing, and monetizing” artificial intelligence technology (AI) services, has partnered with HARA, a firm that uses blockchain technology to help it make “better data-driven decisions”, to provide AI-enabled crop diagnosis to farmers in Indonesia.

Recording Soil Quality, Grain Price, Land Ownership Information On An Immutable Ledger

The joint initiative between SingularityNET and HARA was announced at the World Web Forum in Zürich, Switzerland. According to HARA’s official website, the Indonesian firm aims to help farmers increase their income by managing critical information on a blockchain-based data management and verification system. The information may include details about soil quality, land ownership, and grain price.

Arif Khan, the vice president (VP) of marketing and business partnerships at SingularityNET, remarked:  

From its conception, SingularityNET has been committed to broadening access to AI. We want to see a world where AI is open and decentralized—accessed and influenced by all. HARA’s grassroots focus falls right in line with this goal. In Indonesia, family-owned farms represent the core of the country’s economy, but that’s not reflected in the distribution of wealth. This partnership will help change that and as a native of the ASEAN region, we couldn’t be prouder to see a leading player like HARA tackle this challenge head-on.

Similar to how most other public distributed ledger technology (DLT)-basd networks are designed and used, HARA’s blockchain-enabled platform will allow users to permanently record data. The compiled information will serve as an immutable set of records that may be used for research purposes. In order to access the data, a native token will be issued to HARA’s platform users.

Connecting Farmers To Financial Institutions By Leveraging Blockchain Tech

HARA’s development team intends to use SingularityNET’s AI-enabled platform to implement and/or modify existing algorithms for diagnosing and gaining a better understanding of the causes of various crop diseases. The partnership also involves conducting more research into automated crop diagnosis processes by using the latest AI tools and resources.

Commenting on the collaborative effort, Regi Wahyu, the CEO at HARA, said:

HARA is targeting smallholder farmers. We want to connect these farmers with financial institutions and distributors, transition them to blockchain, and arm them with a leapfrog technology that equips them with better data so they can have better yields.

HARA’s platform will reportedly be accessible to financial institutions, insurance firms, and fertilizer manufacturers. These organizations will be able to retrieve information from HARA’s database in order to conduct business-related transactions with agricultural companies and individual farmers. Leveraging the latest AI and blockchain technology to manage data could potentially provide farmers with better opportunities and also help them earn a better income.

Kraken Unveils Potential Attacks Against Ledger Nano X Hardware Wallet

Kraken Security Labs, the cybersecurity division of the popular cryptocurrency exchange Kraken, has unveiled two potential attacks against the Ledger Nano X hardware wallet, which have now been patched.

The attacks, according to Kraken’s cybersecurity arm, could see bad actors get access to victims’ computers, and use said access to install malware that would allow them to steal their cryptocurrency holdings.

The first attack, named Bad Ledger, would require the hacker to first tamper with the device before it was sold to the victim – something that can happen if the victim buys a Ledger from a seller on eBay, for example – to add a protocol that behaves like a keyword and can send malicious keystrokes to the victim’s computer.

In a video Kraken shared, cybersecurity experts use an infected Ledger Nano X to open their website on a computer.

The second attack, dubbed Blind Ledger, could see hackers run malicious code on a non-secure processor to turn off the Ledger Wallet’s display, even if the device was running on its battery. They could then use social engineering to convince a victim top press several buttons to trigger a transaction that would move the funds to the hacker’s address.

As the display would be disabled, the victim could not check the transaction was being sent to that wallet. To stay safe, Kraken recommends users only buy Ledger devices from trusted stores, always verify transactions on the Ledger Now wallet, and be wary of the devices acts strangely.

Ledger, in response to Kraken’s findings, upgraded its firmware to protect its users against these attacks.

Featured image by Alejandro Escamilla on Unsplash