An article entitle, Exploding Watermelons and Fake Fish, suggests that blockchain can reshape value by getting rid of middlemen.
The entire value chain is opaque and without trust. But blockchain can help things, especially when it comes to agriculture.
There are various benefits that go across the board from transportation, to tracking, and selling.
Blockchain lets producers guarantee goods by lowering counterfeit products. Take fishing for instance. In 2016, a blockchain pilot was started by a British company to track tuna.
This validation employs smartphones and allows transparency and security in a manner not available before.
Right now blockchain hasn’t been applied much to agriculture but surely that will change. And sooner rather than later.