Not too long ago, academic-led information website The Dialog claimed that “blockchain may change the game for food producers across the globe”. The piece explored the advantages the know-how brings in terms of information transparency, safety and traceability – all of that are vital for socially and sustainably acutely aware determination making.
Whereas it can’t be denied that the agriculture business is dealing with some vital challenges, together with provide chain inefficiencies, meals safety and distrust, we must be cautious the place we search for solutions. Particularly when a possible answer is one thing perceived as new and glossy.
Whereas it affords some clear advantages if you end up organising a cryptocurrency, Blockchain, sadly, shouldn’t be the panacea to all of the business’s woes. Let’s even be clear that blockchain in agriculture is an answer on the lookout for an utility – as such, it might be unwise to leap on the bandwagon simply because the know-how is in vogue elsewhere.
The ag sector has by no means been afraid to embrace technological innovation. Agriculture 4.0 brings with it precision agriculture, the web of issues and the widespread use of huge information, amongst different issues. In truth, it might be argued that ag is among the most forward-thinking industries. It has been fast to adapt to main challenges that different sectors have struggled with in latest months, and that’s right down to its willingness to be agile and open-minded.
Have to be pragmatic
Blockchain has been mooted as a part of this Agriculture 4.0 cohort of applied sciences and whereas there are some areas the place it might play a job, we nonetheless have to be pragmatic. Expertise typically lulls us right into a false sense of safety, into considering that “every part is feasible” somewhat than an vital “one thing”. Earlier than implementing blockchain ask your self these questions:
- Can you utilize blockchain to attain this finish?
- Do you have to use blockchain to attain this finish?
As a rule, the reply to the second query might be “in all probability not”. There are going to be simpler methods to attain the identical final result as information sharing and collaboration turn into more and more embedded throughout our business. Having immutable information shops is more likely to be extra of a hindrance than a assist, particularly after we must be trying to be extra versatile, not much less.
That’s not to say that blockchain doesn’t have its makes use of, it may be a beneficial instrument when utilized in the suitable approach. It may possibly scale back inefficiencies and enormously enhance meals security inside very particular purposes. Moreover, traceability can be improved, permitting regulators to test the supply of meals and detect the scope of any contamination points. Something which Dutch agricultural giants and Proagrica partners, Agrodis and Neftyo have successfully implemented, leading to more accurate product recalls.
All of us desire a smarter, extra environment friendly business that makes full use of huge information and new applied sciences that can profit the entire provide chain. Is blockchain a kind of new applied sciences? Actually.
However it can’t be the one one.
Graeme McCracken, CEO of Proagrica
Proagrica, a part of RELX Group, is a worldwide supplier of unbiased connectivity and data-driven help options for the agriculture and animal well being industries.
It delivers actionable intelligence to drive enterprise development throughout the worth chain. Proagrica’s superior services join and empower business contributors to deal with their key wants round buying and selling, productiveness and compliance.
Proagrica’s options are constructed round the important thing competences of information connectivity and information analytics delivering seamless provide chain administration, buyer perception and engagement, important for companies trying to enhance their worth providing and increase within the fashionable market.