You have most likely heard of Blockchain technology, but how is it used in agriculture exactly? In this article you wil learn:
Ready to go? Let's get started!
Blockchain is defined simply as software which creates a ledger of accounts, also known as a database, whose transaction history is very difficult to change. Because of how difficult blockchain software is to manipulate, it is a highly secure way to transfer data online. One well known example of how blockchain technology is used is bitcoin, a digital currency which is stored via blockchain technology as opposed to a bank.
In an age where data security is more important than ever before, the security of blockchain is very attractive to many different industries. How is blockchain used in agriculture?
To find out, follow us to the next section!
According to Remi Schmaltz, CEO of Decisive Farming, a Canadian company that works with agricultural applications of blockchain, blockchain offers:
"a single source of truth about the state of your farm, inventory, and contracts"
Because agriculture is becoming more and more hi-tech and technology plays a larger role in modern farming than aver before, blockchain provides a highly secure method of managing all the data involved in running an agricultural business. In some types of farming such as vertical farming, automation, data, sensors, and other technology are essential to successful farming, and may have even more use of blockchain as a result.
Other uses of blockchain in agriculture include:
Any updates made become part of the ledger and every participating device receives the updated record. Even out in the field, disconnected from internet access, any changes will sync to the network as soon as the device regains internet access.
Interested to learn more about blockchain agriculture, vertical farming, and more?
Check out our content below, or subscribe to our newsletter of over 5,000 agriculture technology professionals and enthusiasts.
This interview details Pflanzentheke, an indoor farming company based in Germany. The interview is with Dr. Julia Dubowy, COO of Pflanzentheke. To learn more about Pflanzentheke and other indoor farming companies, click on this link!
View Full InterviewThis interview details Farm3, an indoor farming company based in France. The interview is with Emmanuelle Cravo, Business Development Manager of Farm3. To learn more about Farm3 and other indoor farming companies, click on this link!
View Full InterviewThis interview details KeyGene, an indoor farming technology company based in the Netherlands. The interview is with Erik Toussaint, Sr. Communication Officer of KeyGene. To learn more about KeyGene and other indoor farming companies, click on this link!
View Full InterviewThis interview details Vertegrow, an indoor farming company based in Scotland. The interview is with Graeme Warren, Director of Vertegrow. To learn more about Vertegrow and other indoor farming companies, click on this link!
View Full InterviewThis interview details Vitagrow, an indoor farming company based in Zimbabwe. The interview is with Keith Chipudhla, Co-Founder of Vitagrow. To learn more about Vitagrow and other indoor farming companies, click on this link!
View Full InterviewThis interview details CEA Advisors, an indoor farming company based in the United States. The interview is with Glenn Behrman, Founder and President of CEA Advisors. To learn more about CEA Advisors and other indoor farming companies, click on this link!
View Full InterviewThis interview details GrowPura, an indoor farming technology company based in the UK. The interview is with Jeremy McNamara, Chief Commercial Officer of GrowPura. To learn more about GrowPura and other indoor farming companies, click on this link!
View Full InterviewThis interview details Sendot, an indoor farming company based in the Netherlands. The interview is with Erwin Gräfe, Commercial Manager of Sendot. To learn more about Sendot and other indoor farming companies, click on this link!
View Full InterviewThis interview details Tomatopiu, an indoor farming company based in Italy. The interview is with Alessandro Merigo, Business Manager Engineer of Tomatopiu. To learn more about Tomatopiu and other indoor farming companies, click on this link!
View Full InterviewThis interview details NIDO, an indoor farming technology company based in Italy. The interview is with Andrea Carloni, Founder/CEO of NIDO. To learn more about NIDO and other indoor farming companies, click on this link!
View Full Interview