Australian farmers are all too familiar with dry and erratic weather conditions affecting day-to-day business. Reports over the last 20 years demonstrate that these conditions will only worsen – with an increased climate estimated to have reduced yearly profits by 22%. The current bushfire season has had a disastrous impact on the agricultural industry. NASA […]
A UK tech company recently announced a blockchain ecosystem for farmers in Haiti, bringing clarity to the supply chain while bolstering sales. Agriledger, a blockchain outfit based in the United Kingdom, was responsible for building this new ecosystem. Their goal was ensuring that farmers receive adequate pay for their crops, a Feb 28 post from […]
Ant Financial Services Group and Bayer are planning to launch a blockchain-powered agriculture system. It will use the distributed ledger technology to track the agricultural product and the supply chain…
Carrefour, the French multinational retailer, has now launched the second phase of plans which aims to track milk production and its life cycle using blockchain technology. Reportedly, the implementation of blockchain technology will allow the customers to find out various details, including the dairy farm GPS location, the feeding details of the cows, and the time and process of the packaging of the milk.
The Malaysian State of Penang has announced its plans to implement blockchain technology in supply chain management of food and agricultural products. However, no specific details about time or any type collaborations has been revealed yet. The Deputy Minister of Agriculture and Agro-based Industries of Malaysia is assertive that implementation of the technology will reduce the operational costs and improve the overall security by eliminating middlemen.
The fame that the technology behind cryptocurrencies has gained over a short period is remarkably astounding. The cryptography based platform ensures that data, once entered into the network, cannot be manipulated at any cost, which is why the whole world is following a new technology like never before. After attaining enough prominence for Bitcoins, the decentralized and […]
SingularityNET, a decentralized Artificial Intelligence company, has partnered with Hara, an agriculture-focused blockchain startup, to help farmers with informed decision making. As reported, Hara is looking forward to using blockchain technology to help the Indonesian farmers with useful agricultural information such as grain price, soil quality and land ownership details. The partners also intend to help farmers with AI-powered crop diagnosis and data analytics.