Shamba Records’ Post

"Blockchain is not a new concept for the agriculture industry. Farmers and retailers are already recognizing its ability to provide an immutable and transparent record of every transaction, so they are using it to trace the origin and journey of products." This brilliant opening quote from an article discussing a recent AMA by Jon Trask, hosted by Cointelegraph, gives a clear understanding of the usability of DLT and the values Dimitra Technology encompasses to deploy it. While the article goes through various product offerings such as; - Trade Financing - Produce Traceability - Real World Agricultural Asset Tokenization - AI and Machine Learning Agronomy - Carbon Credits Program - Deforestation Due Diligence Systems and more, it is the closing statement that truly captures the sustainability spirit of the organization. ”Some of the farmers have enough knowledge about blockchain and are quite interested in it, but a very large part of them really only care about tools and how they can help them. So our goal is not to teach them about blockchain, but to help them with their business using blockchain,” Great read for the curious minds. How is your industry embracing tech for sustainability? https://lnkd.in/dX8DjAHE

The agricultural industry is experiencing substantial growth in the adoption of blockchain technology. Within a short period, blockchain has made impressive strides, exciting proponents of the technology. Its rapid advancement brings benefits including traceability, transparency, quality control, food safety, efficiency, fair payment practices for farmers, and environmental sustainability in agriculture and food supply chain management. #nerp #scm #agriculture #AI #Blockchain #ML

Recently came across an intriguing article that discusses the increasing role of blockchain technology in agriculture and the food sector. Did you know that approximately 1.4 billion people work in agriculture worldwide, and blockchain could improve transparency in the food supply chain? This statistic highlights the remarkable potential of blockchain to enhance traceability and optimize operations within this vital industry. By providing farmers and consumers with verified information about product quality and origin, blockchain can help reduce food fraud and improve trust among producers and consumers alike. It's exciting to think about how this technology could address some of the biggest challenges in agriculture, from sustainability to food safety. What are your thoughts? How do you see blockchain transforming the agricultural landscape in the coming years? https://lnkd.in/dh75ruth

Check out the new blog post from our partners at GoAgro!

Global #agricultural sector’s total value is projected to reach approximately $14.4 trillion in 2024. This sector though is plagued by issues stemming from opaque and fragmented supply chains, which contribute to high transaction costs and slow settlement times. Henry Duckworth rightly identifies #Tokenization as a way to improve international agricultural trade, which represents the cross-border movement of agricultural goods and is valued at $2.32 trillion in 2023. At Intelliswift Software, our team has been working with various constituents of the food supply chain leveraging technologies like #AI, #Blockchain, Tokenization, #API, #DataAnalytics and others. Let's talk about how we can help you with your initiatives in digitizing food supply chain. https://lnkd.in/gTCs3C3X

Have you ever wondered how technology is reshaping agriculture for a sustainable future? 🤔 🌾 Our latest blog post dives into the transformative potential of GoAgro, showcasing how our platform integrates blockchain technology with traditional farming practices. Explore how GoAgro is driving efficiency, sustainability, and collaboration in the agricultural industry. 💡 Join the conversation and discover the future of farming with GoAgro. 🌱

#Blockchain technology has rapidly gained ground in the agricultural industry, demonstrating notable growth in a relatively brief period. This swift evolution is a promising prospect for proponents of blockchain technology, with its array of advantages including traceability, transparency, quality assurance, food safety, efficiency, equitable compensation practices for farmers, and sustainability in both agriculture and #food #supply #chain management.#scm

Tokenization of agriculture will take a lot of time and effort, but Henry Duckworth highlights the potential in this article. It's a great example of the potential for improvements in supply chains: https://lnkd.in/dk8PmW8F It's a really interesting topic. Tokenization means that an asset is represented by a token on a blockchain. When the asset is transferred (e.g. by delivery into a warehouse), the token is also transferred. What's the benefit? Tokens can provide additional transparency and improve efficiency. Payments, for example, could be automatically triggered when a token is transferred. Agriculture is just one industry where this concept can be implemented. While there are a lot of hurdles still to overcome, it's worth looking at the general idea already – because it's very possible that tokenization and blockchains will be much more important than today in the not-too-distant future. #tokenization #blockchain #technology #innovation #smartcontracts

Blockchain:- Monitoring the blockchain market in agriculture and food supply chain - https://lnkd.in/dFwNyB8G Blockchain in the agriculture market and food supply chainAdvance Market Analytics published a new research publication on “Blockchain In Agriculture And Food Supply Chain Market Insights,

ASTM's digital information in the supply chain committee (F49) is developing a standard guide for using the blockchain to authenticate and trace certificates of authenticity and confirm good-standing farming practices. “Imagine a generation of humans who will only buy coffee or chocolate if they can confirm at the retail purchase location that these products did not harm any forest in its making,” says ASTM member Mike Coner. “This standard is like a digital passport for those products, using blockchain technology." For more information, visit https://lnkd.in/eBNU8Fef #blockchain #supplychain #farming #coffee #chocolate #cocoa #palmoil