Blockchain technology can do wonders in the agricultural sector. It can transform this traditional sector into an efficient and accountable one.
Blockchain is transparent in nature. This will help to eradicate the major issues that slow down the whole process. Users get to know exactly where the food is coming from, when it was produced, who produced it, and more.
Blockchain eliminates middlemen. This helps reduce the costs involved in transactions. There is no third party needed to validate any transaction as blockchain is digital record of all data. It can exist without any human intervention. Blockchain reduced fraud and other unethical practices in the agricultural sector.
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