How Blockchain Can Help Solve the World’s Agriculture Problem
By utilizing blockchain in the food industry, consumers are able to verify the source and safety of their food in seconds.
Just as natural resources shaped the Industrial Revolution, big data is the driving force in the digital revolution — which has changed the ways we perceive, share and interact with that data.
The influx of information moving to the cloud in recent years has forged new industries focused on compiling, analyzing, managing, securing and monetizing said data. The digitalization of consumer information has proven to hold immense value, so much so that the World Economic Forum (WEF) has classified data as a new asset class.
On the other hand — the world population is expected to rise to almost 10 billion by 2050. To feed this number of people, we need to increase food production while using fewer resources.
Smart Agriculture will improve the global economy
There is a growing body of literature that recognizes the importance of utilizing emerging technologies in smart agriculture. Smart Agriculture is a new technology that makes use of Information Technology (IT), satellite technology, Geographical Information…
