the agricultural sector
Blockchain helps ensure proper compliance with health standards, thus restoring consumer confidence. In addition, these technological advances facilitate access to markets for small producers with few resources.
With a simple smartphone and a QR Code on the package, consumers can consult all the data linked to the product (place of cultivation, authenticity, etc.).
Every year, tracking down food fraud costs billions of dollars. As for them, administrative formalities are an integral part of international trade, increasing the cost of each container.
Blockchain technology makes it possible to simplify all these processes and therefore reduce costs.
Blockchain helps strengthen trust between producers and businesses. It is now possible to easily see who is buying what, at what price, etc. Small producers can also access quality information allowing them to better understand the value of their products.
In addition, smart contracts allow the clear and precise registration and execution of different conditions and payment methods.
