Anmerkungen:
In: In: D. Tapscott (Ed.), Supply Chain Revolution, Barrow Books 2018
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 17, 2017 erstellt
Beschreibung:
This research explores applications of blockchain across the agricultural sector, beyond the typical finance use cases. In considering agriculture itself as a chain, a network that reaches from farm to fork, we analyze blockchain efforts to improve safety, efficiency, and accountability at every stage of the process.Provenance tracking or traceability across the various stages of the global food supply chain ensures food safety both for direct consumers as well as for a global community vulnerable to a food-born pandemic.Smart contracts and chain of custody records can mitigate instances of food fraud and identify untrustworthy middlemen and business practices that exploit both independent farmers and cooperatives.Sustainable agriculture and “local economy” cooperatives — such as AgriLedger with pilot programs in Kenya, Myanmar, and Papua New Guinea — can generate economic activity and retain more value locally, even to the extent that the community operates within its own economy complete with distinct cryptocurrency and tracked exchanges.Instantaneous transactions and accountable origin and route tracking of goods such as Provenance's blockchain for the Grass Roots Farmers' Cooperative in Arkansas can transform a sprawling, complicated, and decentralized food market into a local one with high trust and quality.Agriculture finance innovations, especially for developing world farmers, include transparent and efficient futures contract payment platforms, smart contract insurance against crop catastrophes, and microfinancing opportunities for under-served communities that can grow from subsistence level loans into investments in new businesses