What are the powerful applications of Blockchain in Agriculture? - Exhibit Tech
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What are the powerful applications of Blockchain in Agriculture?

Tracking the origin and safety of food 

Can users confidently say that an apple or a chicken bought from a retailer is safe? Despite the reality, those store representatives should have all necessary documentation and certificates, users cannot see how it was previously stored or whether it contains any harmful bacteria. 

As a consequence, blockchain can enable customers in mastering all they need to know about others. Because it is unrealistic for store leaders to take a single infected product, they must examine the product’s history of origin. All data will be kept by blockchain-based software, started with where and when this apple or meat was born, how it was fed, where it had been sent after, and so on.

 As a result, both customers and suppliers will know everything there is to understand regarding food, which will boost their trust and help to know precisely what they will be consuming. A relevant example is Walmart’s collaboration with IBM to build a blockchain agriculture supply chain. Each commodity in a store could be scanned by an expert to obtain detailed info about it. All are open and public to all parties.

Decentralization 

Big companies everywhere in the world occupy the agricultural niche, and they can define their terms, set a price, and agree with farmers on what they will grow and breed the following season. Farmers believe it uneconomic to impose their terms because they’re more dependent on giant organizations. However, blockchain in agriculture has the power to completely transform the industry. 

Getting security measures against potential raw material adulteration 

Farmers must also be informed that they purchase high-quality grain, seeds, and compound feedstuff to breed healthy animals and ripe fruits and vegetables. Even then, the credibility of all raw materials is still not confirmed. As a result, blockchain plays a critical role. Farmers will struggle if they sell poor meat and crops, which will negatively affect both the farmer and the consumer. Farmers will be able to see what raw materials they will be buying, as well as any probable black spots, by using blockchain.

Quality assurance via the Internet of Things

The quality of animals and crops is also a critical step with all farmers, here’s where the Internet of Things can aid and add value. The level of irrigation, soil quality, the number of harmful pests, etc can all be tracked by attaching motion detectors to software applications. All of this data is stored in blockchain, and customers would be able to get information about the animal breeding process as well as crop cultivation from start to finish. Sensors easily notify all data to the cloud, where it is saved in the blockchain. Keep in mind that, in addition to equipment, you would need agricultural software, which you can learn around by analyzing the experience

Also read: Is cryptocurrency influencing the gaming industry?


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