Agriculture increasingly using Blockchains to drive greater efficiencies
The use of Blockchain technology in the agriculture and food supply chain sectors is currently estimated to be $61+ million and, according to ReportLinker, is projected to grow by 47% p.a.to reach $429+ million by 2025. This growth is being driven by customers demanding greater transparency as to where the food they buy is coming from, how sustainable it is and the environmental impacts of what they are consuming. Blockchain technology is ideal in tracking and tracing the provenance of goods whilst creating a secure data base which, in effect, enables people to...