THE NATIONAL LIVESTOCK PRODUCERS ASSOCIATION JOINS THE GOCHAIN BLOCKCHAIN NETWORK AS A SIGNING NODE
The NLPA is now operating a node of the GoChain public blockchain network
RENO, NV | COLORADO SPRINGS, CO — FEB 28, 2022 — The National Livestock Producers Association (NLPA) and GoChain, the developer of the GoChain blockchain protocol, today announced the signing of a Node Operating Agreement whereas the NLPA is now operating a signing node in support of the GoChain blockchain network.
As a signing node, the NLPA will be one of a maximum of fifty (50) highly reputable enterprises and organizations to run specialized servers that facilitate GoChain’s novel Proof of Reputation (PoR) consensus algorithm and to validate the blocks of transactions produced on the GoChain blockchain network. The NLPA joins other world-class organizations and entities as node signers on the GoChain network including Lenovo, Dish, Goldbell, the University of Nicosia, and the Global Roundtable for Sustainable Beef (GRSB). Most recently, GoChain announced the Dian Fossey Gorilla Fund (DFGF) as the latest node node signer to join the GoChain blockchain network — GoChain’s first node in Africa.
The NLPA was founded 100 years ago in 1921 in the United States and organized to represent the interests of its livestock members and cooperatives. Today, NLPA’s mission is to protect, provide a “strong voice”, and to ensure a positive and fair business environment on behalf of NLPA’s members through financial services, communication, and advocacy initiatives. NLPA’s membership currently consists of a diverse group of members working together to create new financing, marketing, and feeding programs to meet the challenges facing today’s livestock producers and to better serve their patrons and customers. In recent years, NLPA members have been responsible for supporting and marketing more than $2 billion of gross revenue of cattle, swine, and goat/sheep annually.
The NLPA’s current livestock marketing cooperative members include the National Livestock Commission Association, Producers Livestock Marketing Association (Omaha), Producers Livestock Marketing Association (N. Salt Lake) Equity Cooperative Livestock Sales Association, and United Producers, Inc. Its livestock credit organizations include the Equity Livestock Credit Corporation, National Livestock Credit Corporation, Producers Livestock Credit Corporation, and the Tri-State Livestock Credit Corporation. The NLPA through its Sheep and Goat Fund also assists and enhances the production and marketing of the sheep and goat industries by providing credit to eligible and qualified entities.
“NLPA is pleased to become a node operator in the GoChain system. Our organization has a long and distinguished history of serving those in the livestock business and bringing progressive ideas and opportunities to them. Given GoChain’s attributes of being secure, scalable, and interoperable, NLPA feels this is a great opportunity to be at the ground floor of imagining systems that will benefit its members into the future.” — Doug Hauser, Chairman of the Board, National Livestock Producers Association (NLPA)
“GoChain looks forward to working with the NLPA and its members to explore how cutting edge technologies like blockchain can help to address compliance, sustainability, supply chain resiliency, and other timely opportunities relating to NLPA members and the U.S. livestock industry.” — Henry Ines, GoChain, Steering Committee Member & CEO
About The National Livestock Producers Association (NLPA)
In the multi-billion dollar business of livestock marketing and credit, a strong voice is crucial to protect business rights and a competitive environment. The National Livestock Producers Association serves as just such a voice, speaking out on behalf of members and their patrons. Strong alliances with other livestock and credit organizations aid in providing a clear voice on regional and national issues. In addition, absolute credibility earned over more than 100 years emphasizes the positions taken by the National Livestock Producers Association on behalf of its members.
About the GoChain Foundation
GoChain believes in driving the adoption of impactful technology for the betterment of society and our habitat. GoChain partners with companies in all industries to quickly launch and manage their own scalable, low-cost blockchain solutions, run distributed applications and to deploy smart contracts. At 1,300 transactions per second, GoChain’s network is the fastest, most reliable, web3 based public and private blockchain protocol. GoChain’s Proof of Reputation (PoR) consensus algorithm relies on a decentralized consortium of Fortune 500 companies, NGOs, and nonprofits to validate transactions. GoChain also supports its designated public cryptocurrency, which has the ticker symbol GO. For more information, visit gochain.io or follow GoChain on LinkedIn, Twitter, and Facebook.
Contact Information:
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