How Blockchain works
The Road to Blockchain
While agriculture is the most significant sector in rural areas and provides a livelihood for 70 per cent of the world’s poor, it is also the industry that provides the biggest disconnect between supplier and retailer. Using Blockchain, however, is a more direct link that can be established, ensuring that farmers receive fair payment for their produce and enabling retailers to verify that they are getting paid quickly and properly.
dFarm has built the road using Blockchain technology in the agriculture industry to create systems that will record the journey taken by the produce through the supply chain by utilizing the power of a shared secure ledger. Also, older agricultural models are seeing a resurgence, using the Blockchain technologies to improve upon established practices.