Author

Topic: Organic food distribution through blockchain technology (Read 129 times)

full member
Activity: 532
Merit: 114
The application of Blockchain though novel is useful enough to find its way into every field, and why resist the need, of something that will soon become a way of life.
jr. member
Activity: 44
Merit: 1
It's an ocean of meaning and a wide jungle
Well, it's an amazing idea. I am yet not sure about how they are going to do it. But if this really starts to happen,  it would bring a new dimension to the digital world.
Although this is a good idea but I think it's not easy to do. There is a long way from theory to practice. Beside I still don't know how blockchain can help distribute organic food Smiley).

There are so many ideas depend on blockchain technology but I can see only few ideas can apply to real life.
okay I can understand your concerns. I think you should check out this post on Steemit https://steemit.com/ico/@magneto151/enhanced-transparency-in-organic-food-production-with-blockchain
newbie
Activity: 42
Merit: 0
Thank you for the article. And thank you all for your input in this. Here is a more detailed review about us and reason why you should purchase the GWF token   Cool
https://steemit.com/ico/@magneto151/enhanced-transparency-in-organic-food-production-with-blockchain
jr. member
Activity: 44
Merit: 1
It's an ocean of meaning and a wide jungle
If we are talking about an idea, then it's very good, but I have only one question, why do we need a blockchain if we can use a regular database? This situation is found in many projects, I think that this is the trouble of our time.
I think blockchain is very much needed here. Like I posted as a reply to someone in this thread, the major problem in agriculture is actually supply chain transparency. Many of the food label paraded on shops are very much fraud, this is simple because the supply chain is always fragmented and someone in the chain can easily falsify data but with blockchain this becomes very much difficult if not impossible hence provenance of food on the table becomes assured.
jr. member
Activity: 44
Merit: 1
It's an ocean of meaning and a wide jungle
Well, it's an amazing idea. I am yet not sure about how they are going to do it. But if this really starts to happen,  it would bring a new dimension to the digital world.
the major problem with the agro industry is the supply chain management. How was the food produced and where was it produced. These kind of questions can be easily tackled with the application of blockchain. Once data is captured, right from the farm up to the meal table, we can be sure of provenance and most of the food fraud we see will be difficult to perpetuate due to the immutable decentralized Leger system of the blockchain
newbie
Activity: 154
Merit: 0
Food is continuously growing,  no matter what is the condition of market is. So blockchain would be a great solution to make the system more easy and well accepted.
full member
Activity: 280
Merit: 100
Well, it's an amazing idea. I am yet not sure about how they are going to do it. But if this really starts to happen,  it would bring a new dimension to the digital world.
Although this is a good idea but I think it's not easy to do. There is a long way from theory to practice. Beside I still don't know how blockchain can help distribute organic food Smiley).

There are so many ideas depend on blockchain technology but I can see only few ideas can apply to real life.
full member
Activity: 490
Merit: 100
If we are talking about an idea, then it's very good, but I have only one question, why do we need a blockchain if we can use a regular database? This situation is found in many projects, I think that this is the trouble of our time.
newbie
Activity: 97
Merit: 0
Well, it's an amazing idea. I am yet not sure about how they are going to do it. But if this really starts to happen,  it would bring a new dimension to the digital world.
jr. member
Activity: 44
Merit: 1
It's an ocean of meaning and a wide jungle
The Possibility of Making Organic Foods Globally Accessible through Blockchain Technology

The food industry is undeniably one of the largest industries in the world. With the massive growth the industry sees every year, as at 2017 the global food and agriculture industry was valued at about 8.1 trillion in dollars getting quality food is still largely a problem which remains to be solved. The bulk of the problem is not in the shortage of food supply but in the quality of good food available for consumption.

Modern or new ways of farming which range from genetically engineered animals to using chemicals such as pesticides and other methods of improving crop and livestock yields have not helped matters. The problems are replete which include but not limited to health problems, hazards to biodiversity in this time of endangered species, and of course reduction in the potential yield of the soil itself.

Organic farming has shown that many of these health problems and imbalance on the ecosystem can be comfortably taken care of quite naturally if we resort to this style and method of agriculture. Sadly, percentage of organic foods in the global food industry is so small, valued at $90 billion from 1999 to 2016 which is just a paltry 1.1% of the total value of the global food industry. This stunted growth in organic food supply emanates from the myriads of challenges that militate against the boom of the organic food production system. Big organizations out there who are bent on raking in the billions but care less about the effect of genetically engineered foods and their accompanied methods of production do almost anything to maintain the status quo.

Well of course, as many as the problems plaguing our world is, so are the possible solutions to reduce and eradicate these problems. This is actually what the Green World Farm project seeks to achieve this is well articulated in their revolutionary idea of making organic food very much popular and accessible globally through its adoption of the blockchain technology to bringing about value chain expansion.

How has GWF proposed to solve this problem using blockchain?
Reading through their whitepaper they have a clear cut strategy of leveraging on the smart contract option under the Ethereum blockchain. The need for a trustless system is well taken care of with the smart contract system. Breach of trust and contracts which affects farmers can be well taken care of using this smart contract model as farmers can start producing without delay or concerns for payment immediately after entering into an agreement with buyers of their produce knowing fully well that their payment is guaranteed as it’s been managed under the Ethereum smart contracts system. Blockchain offers a means for farmers to contract with sellers to grow what is needed. Full or partial payment can go into escrow immediately to guarantee payment to the farmer without breach of contract and coercion by marketers. Getting paid for labour is a big challenge in the farming world, and Blockchain can alleviate part of that through smart contracts.

Having checked through the amazing idea and the fact that they have ready farms and the farmers from an agricultural rich nation like Nigeria with a known reputation of high quality yield of agricultural produce due to its very fertile soil and good climatic condition which favours farming, and of course the fact that the US farms will become operational in the near future as the project progresses along its roadmap, making the global market for organic food even more accessible, I think the GWF project is one project to keep a close eye on and perhaps invest in their ICO which starts on May 14, 2018 12pm UTC and ends on July 14, 2018 11pm UTC

You can get more information about this project through their social channels or you log on to their website

https://greenworldfarm.io

You can also read the same post on my medium profile by using the link https://medium.com/@e661f1aa8581/da908f1824e5
Jump to: