Top Industry Challenges
The agriculture and food industry is poised for disruption, as it must face the dual challenge of meeting a growing population’s needs and working under growing regulation and unpredictable climate conditions.
Feeding the World’s Growing Population
Producing Higher Yields and Reducing Waste
Supporting Smallholder Farmers
Improving Food Traceability to Drive Safety and Build Consumer Trust
Bolstering Financial Systems
Improving Land Management and Registration Systems
Protected Pricing to Buffer from Price Volatility
Driving more Effective Subsidies
Dealing with an Unpredictable Climate
Using Tech to Protect Farms from Natural Disasters
Improving Insurance for Agricultural Enterprises
Adopting Sustainable Practices without Losing Productivity (e.g. Precision Fertilizer to limit Nitrogen use)
Efficiently Integrating New Technology
Integrate New Farm Management Software (FMS) with Legacy Systems
Accelerate a Slow Adoption Curve
Building a Database to enable Data-Driven Decision Making
BlockApps’ STRATO platform is a blockchain solution uniquely equipped to build a productive, efficient, and sustainable network for the agriculture and food industry.
BlockApps’ Track and Trace Application
Track and trace is a generic asset tracking application that can be installed on a STRATO blockchain network.
Track and trace comes with a built in “widget” asset that can represent any physical good (e.g. grain, food, or livestock) OR digital/financial asset (e.g. loan, payout, or subsidy) as a smart contract.
BlockApps’ Track and Trace application can build traceable end-to-end supply chains for agriculture, which would drive food safety, traceability, consumer trust, and create industry standards. It can also, through its smart contracts, track and automate the movements financial or digital assets such as subsidies, providing the oversight to ensure precise and proper application of such goods.
Agriculture Blockchain Solutions & Resources
Bayer CropScience’s Work on the Agricultural Supply Chain with STRATO
Bayer CropScience uses TraceHarvest to track its grain product from origin to end using STRATO. Read more about the seed traceability initiative.
Top Industry Solutions
Traceability & SCM for Agriculture
The agricultural supply chain is convoluted, complex, and lacks any form of traceability, creating a significant consumer trust deficit and inefficiencies for all stakeholders.
Parametric Crop Insurance
Crop insurance processes are costly for all stakeholders, and unequipped to face increasingly frequent and unpredictable agricultural losses.
Agricultural Land Reclamation
Land reclamation is a great solution to fertilizer's mining footprint, however, it relies on huge amounts of accurate and granular soil data to be effective.
Efficient Fertilizer Application
Fertilizer application is not generating the returns it needs to, with challenges such as incomplete data driving a yield deficit of 15-20% and growing resource waste.
Fertilizer Subsidy Payments
The $25 billion that the USDA allocates to fertilizer subsidy payments does not always reach its intended effect, with frequent misallocation, delays, and inefficiencies.
Digitize Sustainability Reporting
For sustainability reporting to produce effective reports and set impactful targets, companies need complete, granular, and accessible data.
Protected Food Pricing
The agriculture and food industry is sensitive to political and economic conditions and therefore inherently volatile, with increasingly frequent and dramatic price changes.
Farm Management Software
Integrating farm management software with pervasive traditional systems is a complicated task, slowing adoption and limiting the industry's growth.
Digitize Land Registration
Traditionally manual land registration systems have created a dearth of data, and rendered the land transfer process delayed, costly, and inefficient.
Food Safety Processes
The lack of traceability in the food supply chain allows for operational errors and fraud, which in turn drive unnecessary and exorbitant food recalls.
Inventory Management and Storage
Agriculture inventory mismanagement processes lack precision and efficiency and cost the world around $1 trillion a year, and more in waste .
Tracefood
Tracefood facilitates seamless and end to end traceability of food supply chain with inventive blockchain solutions devised by leading blockchain developers. We strive to set fresh paradigms in the fresh produce industry with our progressive Blockchain deliverables.
Reduce Fertilizer Waste
40-80 percent of fertilizer is lost to the environment, largely driven by manual and lagging systems which are unable to provide oversight on lost product and waste.
STRATO for Agricultural Supply Chain Management (SCM)
How can blockchain help?
BlockApps Agriculture Partner Network
BlockApps’ extensive partner network includes various agriculture, food, and AgTech companies whose expertise combines to leverage blockchain solutions for all interested enterprises.
Industry News & Events
Events We’ve Attended
