Blockchain in Agriculture
Did you know that the total number of deaths in the world is due to hunger? This is not at all because of the food shortage. Of course, the food shortage increases along with the increase in the population. We also waste a significant amount of food on a daily basis. Food is wasted for a number of reasons and many factors affect it. One of the reasons is that food is only spoiled because of the inefficient food supply chain.
The food supply chain is inefficient with current technology, and most of the work is still done manually. With numerous middlemen running the supply chain, food producers are struggling to get fair prices for their food. Consumers are unsure about the whereabouts of the food they buy. They are not sure if what they eat is organic. A sticker on the food product does not ensure that it is actually organic food. Those who enjoy the profit are middlemen.
Food fraud is very common and often undetectable. Consumers are very concerned about this because they affect health. And they have no way of checking the quality of the food they buy. For this reason, the scammers make a lot of money by exploiting innocent consumers.
These issues must be resolved with the highest priority because there are no compromises when it comes to health.
The solution:
Food waste can be eliminated and avoided by making the food supply chain efficient. This can be a solution in many ways. The farmer benefits by getting the fair price for his products by eliminating middlemen, hunger can be satisfied and food fraud can be eliminated.
How is it possible?
Blockchain offers transparency;
it shows what is happening in the blocks so that everyone in the block can see where the product comes from;
and whether it's organic by using smart IoT devices in the farm that recognize the use of pesticides and chemical fertilizers.
By eliminating the middlemen, farmers can effectively send their agricultural products directly to the grocer or consumer, making profits.
In the case of food fraud, no one can fool blockchain technology because of its decentralized nature. Since the blockchain network is distributed across the networks, the data in the network cannot be manipulated. In this way, integrity can be preserved and food fraud can be eliminated.
There are many other problems in agriculture and farming, blockchain has solutions to most problems. Identify it, build a blockchain in agriculture, and transform your business with agriculture and human health.
How the Blockchain will affect investment process and real Estate?The blockchain is breaking as one of the most disruptive technologies and promising for the future of transactions and therefore also the online investment .
Investing in housing , in other processes or acquiring real estate through this technology will be a reality thanks to this 'blockchain'.
We explain how:Cryptocurrencies, the money used in blockchainThere are several types of virtual currencies, but the best known is Bitcoin.
Soon its popularity increased along with its value.Can I buy a house with bitcoins?The answer is yes .
On the other hand, since it is a fluctuating value, if at the time of the transaction the price of bitcoin rises and profits are obtained, the real estate agent must pay it.And what will the blockchain guarantee?To summarize in a very simple way the blockchain , it is like a large account book where each and every one of the operations appear digitally registered.
Each information management and update will be reproduced equally in each of the multiple nodes (computers or hard drives) that store the information, which guarantees unprecedented fairness, veracity and transparency in all data.
AI and blockchain are two next-gen technologies that are steadily transforming processes in multiple industries including healthcare, hospitality, education, finance, and banking.
Developers are making significant progress in combining these technologies to accelerate business processes.One such successful amalgamation of AI and Blockchain is Migranet, an AI migration system.
Migranet uses cryptocurrency, smart contracts, and biometrics to streamline the immigration process.
The system uses Migranet utility tokens (MIG) to make the immigration process fast, affordable and highly secure.Migranet successfully completed the first testing of its prototype on 5 February 2019.
The model was tested with over 1300 use cases out of which 90% results were accurate.Being one of the leading Blockchain development company, we put together the expert team to a board that helps to build Blockchains.
Our multi-disciplined domain experts team which provides an accurate and holistic client experience by blockchain development lifecycle.
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And, with new remarkable technological advances, it only gets simpler and better by the day.Blockchain technology, which is the most common in the currency market, is one such brilliant innovation.
From healthcare to finance to the modern media sector, blockchain has reached every industry.
Let's look at how blockchain can help mobile apps and why you should use blockchain for your company.How does blockchain technology elevate mobile applications?
Blockchain networks are made up of a chain of blocks that contain information and are encrypted with strong cryptography.
Each block contains the transaction data and the timestamps of the previous blocks.
Transparency The method of authorizing applications for sale on Google Play and Apple's App Store appears to be unpredictable and considered unfair.
At Sate development, we develop, maintain and evaluate blockchain and cryptocurrency related products and web services and provide long-term assistance and advice on related technological and operational matters for our partners worldwide.
You'll find the full spectrum of blockchain technology in one company, as our teams operate in multiple disciplines.
This includes low-level kernel optimization in hardware near mining operation and data center build-outs.
We also actively develop financial trading frameworks and web services operating on top of the blockchain, whilst creating beautiful and intuitive UI/UX.
