AGRICULTURAL NEWS - The Fourth Industrial Revolution [the current trend of automation and data exchange in manufacturing technologies] was having a marked impact on precision farming practices, and would also affect the way in which transactions were conducted in the future, he said.
“Blockchain and Bitcoin are real, and while there’s debate about [the viability] of Bitcoin, cryptocurrencies are real and will be used in the trade environment in future,” Purchase said.
This will mean that the sector will need individuals to be trained in using these new technologies, he added.
“Trade wars will be the wars of the future. President Donald Trump came into power using the trade ticket by saying he will build a wall [between the US and Mexico] and renegotiate the North American Free Trade Agreement.
"What happens in multi-plural trade agreements and Africa being marginalised, are issues that agriculture will be faced with in the future.
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