DAILY NEWS ANALYSIS
04 January, 2023
9 Min Read
Blockchain application in Agriculture
Blockchain applications in agriculture:
The blockchain agriculture market will encompass all the segments, such as:
The agricultural food supply chain has grown longer and more intensive than ever before as a result of the overwhelming pressures of globalization. By making it easier for producers and customers to create confidence, blockchain technology aids in the resolution of many of these problems.
Advantages of using blockchain in agriculture:
Supply chain efficiency:
Building trust with customers:
Transparency and reliable information to stakeholders:
Openness to customers:
Agricultural Blockchain Cons:
How does blockchain technology work?
Source: The hindu
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