Brewing blockchains

Anheuser-Busch, the brewing company that makes Budweiser, Corona, Stella Artois, and Hoegaarden, has invested an undisclosed amount in a Series A fundraising for BanQu, a blockchain-as-a-service (Baas) startup. BanQu aims to “improve access to modern banking for thousands of farmers in underserved rural markets” via its blockchain platform. The startup has a patent application on a blockchain-based identity and transaction platform that establishes trust relationships between users. This technology can help connect unbanked farmers with the companies and organizations that they serve along the supply chain, contributing to the economic identity of each farmer.