As the world population increases and the demand for food expands, there is a corresponding need to increase global food production volume. Blockchain technology may provide an answer in this battle of supply versus demand. Visit ethereum code me to buy Ethereum, the latest trend in the crypto world.
Increasingly, blockchain-based solutions are emerging in response to shrinking levels of trust between agricultural players, who often need more clarity between what’s expected and delivered. As a result, agriculture participants are turning to blockchain technology to track produce and livestock through its entire lifecycle – from farm to table – which facilitates greater transparency into where products come from, how they were grown or slaughtered, the environmental impacts on farming practices, and more. Ethereum is one blockchain protocol that can support this type of transaction, as it provides a public, immutable ledger for recording records.
For example, the introduction and widespread advancement of e-commerce platforms allow farmers to sell their produce directly to consumers at the farm level. It is nothing short of revolutionary – as there are currently few avenues for farmers to sell their goods themselves.
Ethereum’s advanced features can revolutionize agriculture:
Agriculture producers have long relied on third-party suppliers; however, with such platforms, farmers can digitally record sales history and post product updates through smartphones. In addition, Ethereum’s advanced features allow for the permanent, immutable storage of documents and digitally signed agreements, making it ideal for recording agricultural transactions.
And as technology continues to evolve, so will the number of agricultural applications improve and expand. For example, these project provides farmers with a mobile app that tracks and records live animal data: certificate of origin, feed, veterinary history, and other information. All this information can be tracked through the blockchain protocol on Ethereum, providing an immutable record and greater transparency between parties.
Ethereum can prevent soil erosion:
Remedying erosion is not a new concept – and blockchain technology may be the answer. Proof of origin protocols can help guarantee that soil has been sustainably obtained, preventing deforestation, over-mining, or pollution. A farmer will know precisely where its soil was sourced instead of relying on inaccurate or falsified information.
If used on a global scale, Ethereum could prevent excess carbon emissions caused by changes in temperature and rainfall patterns – both of which have been linked to climate change. Implementing IoT sensors attached to equipment can alert farmers to changing weather patterns and prepare crops accordingly, rather than relying solely on long-term forecasts.
Ethereum can improve crop quality:
In addition to producing crops that are grown using sustainable practices, Ethereum can improve crop quality through the implementation of smart contracts. For example, smart contracts can digitally verify that the crop is GMO-free without requiring expensive and time-consuming laboratory testing. In addition, Ethereum can help farmers sell their products online:
As mentioned, e-commerce platforms allow farmers to sell their produce directly to consumers at the farm level. Ethereum can expand this idea to a larger audience and allow farmers to sell their goods – such as produce and livestock – and communicate directly with each other.
Farmer’s markets are making a comeback in popularity, and Ethereum can help these markets flourish by providing a decentralized ledger that enables buyers and sellers to find each other more easily, identify trustworthy sellers, keep the market clean of counterfeits or unsafe goods and participate in local communities on an international scale.
Farmers can make more money:
The agriculture industry is complex and often requires expertise in numerous areas. And as such, farmers may only be able to find help if they’re willing to pay. Farmers are turning to blockchain technology because of its versatility and ability to record all relevant information efficiently.
While some consequences can come from using products from an unlicensed source, blockchain can help eliminate this problem. Blockchain technology can give farmers the ability to verify whether their product is safe, made ethically, or has been tested for GMOs and other impurities. It would allow farmers to make more money using a trustworthy source and increase overall fairness within the food industry.
Farmers can track their food products:
As mentioned earlier, blockchain technology can enable farmers to record all information about their produce – from when it was planted and harvested to when it was processed, where it’s been shipped, and whether or not it has been tampered with. As a result, it enables farmers to make more informed choices about where to sell their goods, which requires transparency.
Blockchain platforms like Ethereum are setting the stage for a better future in agriculture. With its ability to record data safely and securely through advanced features like smart contracts, the agricultural industry could one day be considered a model for how food is sourced, produced, and processed worldwide – with all transactions becoming publicly available on public blockchains.
