How Adoption of Blockchain Technology Will Disrupt Agriculture

Date posted: Thursday 18 January 2018

One of the most logical applications of blockchain is in agriculture which is plagued with several challenges (or opportunities). With rising consumer consciousness towards food safety, blockchain application can play a vital role in solving many agriculture-related problems. Some of its practical applications in agriculture are: Food Safety – What Is the Source of My Food? ; Food Supply Chain – Who Is Making the Most Profit? ; Agri Inputs – Are The Inputs Authentic? ; Land Title Registering – Is The Land I Am Buying Or Leasing Litigation Free? ; Disbursement Of Subsidies – Is The Benefit Really Reaching The Farmer?. Nonetheless as with any movement, if people see value the technology brings into their lives they will rally behind it and blockchain application will become mainstream in most industries including agriculture in the coming years.

(Inc42)

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