"Farmer distress in India can be resolved by the technology behind digital currencies" discusses white paper

 A white paper by Atul Khekade, Regional Director of Monetago Inc. discusses how the technology behind peer to peer digital currencies can help resolve farmer distress in India.

 (For Immediate Release) "If the Indian Government adapts an open policy towards digital currencies and the blockchain technology that enables them, it can help resolve the problem of farmer suicides and distress." Concludes a white paper by Atul Khekade, Regional Director at Monetago Inc., a B2B Digital Currency exchange with presence in over 40 countries and headquarters in New York, USA. 

 For More information : 

http://www.slideshare.net/atulkhekade/digital-currency-15july2015

 "The article takes a basic approach towards understanding money and how the present financial system was evolved from a mere system of barter. It also talks about debt and how the current financial system is unable to quickly adjust to the uncertainties of nature and act of god. As per the white paper, the financial system of unorganized and organized debt gives rise to astronomical interest rates arising from loss in harvesting season due to uncertainties of nature like unpredictable rainfall, draught or wet draught. The farmer cripples under the burden of debt and is never able to come out of it." said Atul Khekade, Regional Director at Monetago Inc. and author of the white paper. 

 "Peer to Peer decentralized digital currencies if adapted by the Government, provide various means of helping the grass root sections of the society like farmers by enabling  Direct Sales, Crowd-funding, Speedy Government bailout and provision of basic necessities of life. It also helps utilize the idle inventory that is in

surplus production and utilize it for the sections at grass root level who need it the most."

 "The benefits of decentralized Digital Currencies far outweigh the uncertainties with them. The blockchain technology behind them can find solutions for price stability and operational guidelines can be developed by experts from a consortium of Central banks and Governments around the world. The reach of technology has gone to even remotest sections of the society and that's why it can provide a platform for resolving problems related to grass root sections of the society." Mr. Atul Khekade added.