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#News(AgriTech) [ via IoTForIndiaGroup ]
ICRISAT, in partnership with Eleven01 – India’s native blockchain platform and KHETHINEXT – a mobile-based agricultural solutions provider, is aiming to deploy blockchain technology in agriculture to increase productivity.
KHETHINEXT, an incubatee of ICRISAT’s innovation hub, is developing a decentralized application that will provide farmers with mobile-based expert advisory services, ground support for logistics and blockchain-based clarity into financial transactions, supply chain monitoring and more. This will empower smallholder farmers with information regarding farm inputs, produce demand/supply, market rates, etc., eliminating intermediaries and enabling the farmers with better decision-making powers.“Over the past few years, ICRISAT has been working to bring digital technology to farmers in a number of ways (e.g. Kalgudi, Verdentum, etc.). Now, with blockchain protocol, we have a whole new area of opportunity to be harnessed for the benefit of the marginal farmers,” says Dr Anthony Whitbread, Research Program Director – Innovation Systems for the Drylands, ICRISAT.
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