Agriculture through block chain technologies
Zortrax Agriculture through block chain technologies uses data and information which is very crucial for the agricultural center to improve productivity and sustainability. Information and communication Technology ICT increases the effectiveness and efficiency of collecting, analyzing, storing and using data in agriculture.
With our agriculture block chain technology, it allows transactions to take place in an open and transparent way without need for an intermediaries like banks and financial institutions in the agriculture sector. By eliminating the need for central authority, the technology changes the way that trust is granted, instead of trusting an authority, trust is placed in cryptography and peer to peer arrangement. It thus assists in restoring the trust between producers and consumers which can reduce the transactions costs in the agri-food market.
Though relatively new Zortrax Agriculture uses the block chain in many cases in the agricultural and food sectors not limited to; agricultural insurance, smart farming, food supply chain, and transactions of agricultural products.
