The use of data in agriculture and other sectors was previously viewed as merely a supporting function or by-product of market transactions. Agrifood input providers, farmers, commodity traders, and governments all used data limited to their own focus of operations.
Collaborative, distributive, scalable technologies like blockchains extend the role of data in creating new business models. Blockchains offer opportunities for sectoral transformation, including the shift to a platform-based economy. Blockchain technology has the potential to increase the productivity of farmers by streamlining supply chains and improving the transparency and traceability of agricultural products. These new models can be applied to the agrifood sector to increase farmers’ productivity and incomes. Contextual data on farmers/farms, activity, inputs, and production are needed for different ecosystem stakeholders, and the appropriate models can increase productivity throughout agricultural value chains.
Course Objectives
The main objectives of this course are:
Course Modules
This e-learning course will cover the following modules: Module 1: “Blockchain Applications in Agriculture and their Productivity Implications” takes a detailed view of digitization in agriculture and how blockchains are enhancing productivity in the sector.Module 2: “Blockchain Applications in Agricultural Inputs and Outputs” explains both input and output agriculture value chains, identifies challenges, and recommends various blockchain value proposition solutions with examples to overcome them. Module 3: “Blockchain Applications in Agricultural Financing” highlights the reasons for transforming global food systems and importance of agricultural financing. It shows how blockchain solutions can make agricultural financing more efficient and economical.Module 4: “Blockchain Applications in Agricultural Risk Mitigation” describes risks associated with agriculture with emphasis on crop insurance. It examines how blockchains can make current offerings more efficient and new emerging models enabled by blockchains. Module 5: “Blockchain Applications for Farmers” takes an alternate view of blockchains as a revenue opportunity for farmers as well a productivity improvement tool. It explains various farmer-centric blockchain applications to help farmers monetize data.
Important Notes: