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Author Topic: Cryptocurrencys' help to the agricultural sector  (Read 618 times)

Offline Claus

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Cryptocurrencys' help to the agricultural sector
« on: September 30, 2018, 12:10:24 AM »
Well, the agricultural sector had been a significant sector for so many countries globally. But this sector has its challenges mostly felt by developing countries
In developing countries like Indians farmers after their labour during the season go home with little or no profit after the sale with the high percentage going to the middle MAN.  Well with the blockchain technology which does not require any middleman farmers can now get a good profit from there crop. 

Also, the transparency of the blockchain can enable the transaction to be monitored also customers can get to know full details if the goods like where is from and when it was produced
I think this will go a long way in improving the standard of living in countries where agricultural is a significant source of income.

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Cryptocurrencys' help to the agricultural sector
« on: September 30, 2018, 12:10:24 AM »

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Offline Jacky

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Re: Cryptocurrencys' help to the agricultural sector
« Reply #1 on: September 30, 2018, 12:45:06 AM »
It is a good idea to utilize crypto and blockchain technology for agricultural sector. Indonesia is a perfect country for applying this. I think with a good concept and plan, agricultural sector can be developed by crypto and blockchain technology.   

Offline Quart

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Re: Cryptocurrencys' help to the agricultural sector
« Reply #2 on: September 30, 2018, 05:57:48 AM »
Agricultural sector will be developed very well if people use blockchain technology to maximize its potential. I have seen some ICO projects building the ideas and concept for agricultural sector in some countries in Asia. It is a good signals for the improvement of agricultural and the expansion of crypto + blockchain technology.

 

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