Rapid urbanization that is happening today goes hand in hand with rapid increase in urban poverty and food insecurity. By 2020, the developing countries of Africa, Asia, and Latin America will be home to some 75% of urban dwellers and to eight out of nine anticipated mega-cities with populations in excess of 20 million.
To manage the agricultural supply chain products as they move, value chain participants need a secure, transparent, trustworthy platform and marketplace. Agro chain management build networks amongst key stakeholders and improves delivery, while reducing costs and inefficiencies.
VFarm believes that urban vertical farming is the solution to the major concerns above. The idea of building vertically-stacked farms on skyscrapers that produce crops twice as fast, while using 40% less power, having 80% less food waste, and using 99% less water than outdoor fields is definitely the way forward.