Reitar Logtech (RITR)announced the signing of a strategic Memorandum of Understanding, MOU, with Rich Harvest Agricultural Produce. With eight farming bases in China covering over 1,333 hectares, the two parties intend to explore collaboration opportunities integrating blockchain traceability technology, digital payment solutions, and smart cold chain technology in cross-border agricultural supply chains to jointly build an innovative agricultural supply chain ecosystem. The parties plan to develop an integrated technology platform combining a blockchain-based traceability system with automated cold chain infrastructure. According to the MOU, the two parties intend to explore three collaboration areas: Blockchain Traceability System Development; Digital Payment Integration; Smart Cold Chain Integration. The collaboration will be carried out in phases: Phase 1, targeted for Q4 2025: Launch a pilot project to export approximately 30 tons of fresh food daily from Rich Harvest’s Guizhou farm to Hong Kong, including vegetables, fruits, chickens, ducks, gooses, lambs, pork & beef. Phase 2 , targeted for Q1 2026: On one hand, onboard Hong Kong supermarkets and wet markets to the digital payment system to promote real-world application of the stablecoin at the retail end; on the other, retrofit cold chain fleets with blockchain temperature control for safer transport.
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