Blockchain in agriculture revolutionizes the world

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Blockchain in Agriculture revolutionize
the world
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• In this digital world, farm owners and growers
  are in need of technology which produces real
  benefits in the near term.
• In agriculture, blockchain promises a single
  source of truth about the state of your farm,
  inventory and contracts.
• Many farmers today utilize the apps, software,
  spreadsheets and a combination of things to
  record their data.
• The effort has been multiplied when farm
  service providers require the information and
  data in order to deliver the services.

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• By providing a single source of data for a
  farm, blockchain would minimizes the strain of
  record keeping and maintaining the multiple
  record systems.
• It is ultimately save the time and energy in
  the agriculture value chain.
• It is very important to realize that the
  blockchain alone cant make growers more money,
  but it can provide the technology infrastructure
  for things like automation, digitization and
  tracking, that could drive the farmers towards
  the modern agriculture.

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Traceability in the crop supply chain

• Most of the early application of blockchain in
  agriculture needs to do with traceability and
  supply chain.
• A blockchain ledger can record and update the
  status of crops from the process of planting to
  harvest to storage to delivery.
• The positive side of large operations is a
  secure, immutable ledger which ensures that you
  never lose a load.
• The status of the crops should be available in
  real time.

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• The demand for organic and the specialty
  production method grows, there is a considerable
  incentives for growers who can produce the
  documentation of the supply chain that went into
  those foods.
• By using the blockchain tracking, it enable the
  growers to meet regulatory compliances and
  consumer expectations.

Organic farmers capture the detailed production
data, its accuracy and share the data with third
party certifying agencies. This provides a very
clear opportunity which streamlines the data
entry and increase the frequency of data
verification through the blockchain.
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• There are some additional benefits of
  traceability comes when its time to sell the
  harvest to grain buyers or food processors.
• The quality of the deliveries are ensured by
  the growers and even manage the asset exchange
  including instant payment via blockchain.
• Traceability is not just restricted to the
  crops themselves.
• By having the right information sources and or
  in field sensors, growers could access and track
  the detailed records about field applications,
  soil quality, weather, farming practices and seed
  type.

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Farming resource management

• There are lot more to run the operation than
  just the crops.
• There is a complex, ever changing picture of
  all the input resources which go into crops
  throughout the course of a season.
• Nowadays, most of the growers are using farm
  management software in order to track where their
  resources are at a given time.
• Decisive farming data platform and app enable
  the growers to record all field applications and
  then track these resources from the field to
  multiple storage location and then to the
  elevator.
• This is powerful for optimizing agronomics on
  the farm and it creates marketing value for food
  and beverage companies to differentiate
  themselves.

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What makes blockchain such a good fit for
inventory management?

• It is due to its decentralized nature of
  blockchain records.
• Any updates made become part of the ledger and
  every participating devices receives the updates.
  
• Even if any disconnection from the internet
  access or out in the field, any changes would
  sync to the network as soon as the device regains
  its internet access.
• Blockchain additionally can track other types
  of records like machinery maintenance, status or
  records of in-field sensors and equipment.

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• This means that the grower need to keep a real
  time picture of what machinery is available for
  work which machinery need maintenance soon and
  which are currently in repair.
• The grower can also give an access to a
  mechanic blockchain to update the status as soon
  as the piece of machinery got fixed.
• It is really a game changer for large
  operations with multiple farms and dozens of
  pieces of equipment in various locations and
  states of repair.

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Blockchain, the Revolutionizer

• Blockchain is coming for agriculture in an
  incredible way.
• It will make it easier to track, manage and
  transact all kinds of agriculture assets from
  crops to inventory to precision data.
• Blockchain is a low level behind the scenes
  technology which creates secure databases.
• Software and apps which implement blockchain
  will look and feel the same as applications
  growers are using right now.
• The main difference is blockchain opens a
  wealth of potential new options for collecting
  the data and automating the farm management.
• These new blockchain powered features could
  make a great impact.

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Most important benefits

• It provides maximum safety, transparency and
  speed.
• The data which are entered is visible to all
  the elements in the blockchain.
• One has the freedom to either approve or reject
  the information.
• Once the data is validated, it gets recorded
  into blocks which can be organized in a
  chronological chain that cannot be altered by
  anyone.

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• We can put all the information about the entire
  cycle of agricultural events in blockchain to
  enable transparent and trusted source of
  information for the farmers.
• Farmers can get instant data related to soil
  moisture, seed quality, climate and environment
  related data, payments, demand and sale price,
  all at one platform.
• It helps to establish direct link between
  farmers and consumers/retailers.
• It will empower small farmers to organize
  themselves and aid to reach the market without
  taking any help from middlemen.
• This will subsequently reduces the problem of
  low income since the blockchain gives
  transparency in supply chain that enables farmers
  to get the real price for their production.

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Final thoughts

• In blockchain, the information is highly
  confidential and secured.
• We can expect an efficient supply of products,
  improved product tracking and fair pricing with
  the help of blockchain.
• It enables the farmers to do the real time
  management of the stock.

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