Blockchain industrial: Blockchain Agriculture

Although our country has long been a strong agricultural nation, it cannot be said to be a strong agricultural sector due to the lack of capacity in agriculture.

A pillar of the country's economy, its development contributes directly to the security and development of human beings. The farming content has been constantly improved.

At the same time, "blockchain technology", which has become popular in recent years, is also considered to have many applications in agriculture.

Blockchain is a technology equipment division with the characteristics of immutable, open and transparent and integrated monitoring, and has recently been developed and extended to a variety of business industries.

Large file collection system

The storage and management of agricultural products has always been paramount, and blockchain can effectively solve these problems.

Our core data competencies are consistent, standardized, social, business, and user-friendly. With the continuous improvement of technology and the development of future large-scale agricultural data collection technology, how to solve the accuracy and usability of large-scale data will become a difficult problem for everyone.

Blockchain technology ensures the accuracy and usability of data and cannot be tampered with or tampered with.

Agricultural quality and climatic traceability

In the process of agriculture, manufacturing and remote food industry, consumers have no way of knowing pesticides, fertilizers and additives for transportation, traffic and efficiency, and trust of consumers in manufacturing decreases.

The most common use of blockchain in food and agricultural products is to improve traceability. This allows companies to quickly track the history and distribution of hazardous agricultural products. This protects against disease, saves lives and reduces recovery costs.

rural finance

It is difficult for farmers to get a mortgage due to high financial costs and lack of credit history, registration documents and other issues. As a result, farmers are often forced to borrow money from banks at very high rates.

The advantage of blockchain lies in the automatic closing of various data by process algorithms and the storage of all computers in the blockchain network, transparent data, stress relief and lower value usage.

Therefore, when applying for a loan, there is no need to rely on intermediaries such as banks and lenders to provide loan certificates, and lenders can only verify the login credentials of the blockchain.

Agricultural insurance

There are several types of insurance for agriculture and fishing and low insurance coverage, so fraudulent insurance is more common. After the integration of blockchain and agricultural insurance, agricultural insurance offers many avenues for improving the skills and agricultural protection practices of the agricultural industry, and will simplify the path of agricultural insurance.

Moreover, since smart contracts are an important concept in blockchain, applying the concept of smart contracts to agricultural insurance will lead to more agricultural insurance coverage.

Previously, in the case of large-scale agricultural natural disasters, the application period was relatively long. After applying the smart contract to the blockchain, when damage was detected in agriculture, the payment process was started, which led to an improvement in income.

Supply chain management skills

Blockchain technology can help improve the efficiency of chain management. Because the information of the parties to the exchange is open and transparent, complete and consistent information is created in all materials, allowing all stakeholders to explore and find problems in the operation of equipment at time. By solving problems, we improve all the benefits of channel management.

Blockchain technology can avoid controversy. Due to the status of the data that does not change and the proof period of life, it can be effectively used to solve the inconsistency of many supply chain participants, easy to prove and seek responsibility.

The combination of the two characteristics of unchanged data and exchangeable data can help eliminate artifacts and malfunctions when distributing material.