Blockchain technology is a game changer. It is transforming agriculture by enabling smallholder farmers in Africa to improve their production and enhance their trade through a platform of trust. Blockchain is a decentralised, digital ledger which works through a series of digitally connected records where information can be shared openly and publicly verified through a cluster of computers.
In agriculture, block chains have possible uses in modernizing farm management software, optimizing agriculture technology Internet of Things (IoT). Furthermore, they can enable mobile remittance for smallholder farmers, greater accountability for multinationals, enhance agriculture supply chains, improve overseeing farm inventory and agricultural subsidies oversight, can ensure fair pricing and incentivise sustainable practices. Read more