BLOCKCHAIN IN AGRICULTURE – IMPROVING AGRICULTURAL TECHNIQUES.“Ensuring Efficiency, Trust and Transparency from Farms to Groceries”.
Exploring new techniques to ensure food safety, traceability and transparency in the agribusiness space to promote profitability.
Even though blockchain technology gained traction because of its role in the financial sector, it has a vast range of applications beyond cryptocurrencies.
The technology is set to drastically transform many industries, including healthcare, law, real estate, banking, etc.
However, one little-explored industry that blockchain has the potential to revolutionize completely is agriculture. More importantly, it has a growing number of issues that we urgently need to solve. Blockchain technology can help the agriculture sector in numerous ways.
The Use Cases of Blockchain technology in Agriculture and Benefits of Blockchain in Agriculture.
Uses Cases of Blockchain technology in Agriculture.
1)Crop and Food Production. 2)Food Supply Chain. 3)Controlling Weather Crisis. 4) Managing Agricultural Finance.
Blockchain Technology in Agriculture.
Blockchain, coupled with IoT, is remodeling the food production industry. It is set to make farming a sustainable practice by using a simplified approach to optimize farming resources like: 1)water. 2)labor. 3)fertilizers. continue.
Great insights shared in this blog post.
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