Revolutionary Transformations in Food Supply Chains with Blockchain Technology Interventions
The intervention of advanced technology into agriculture has revolutionized the global method of farming and cultivation. Technologies such as robotic monitoring and precision agriculture have reduced the manual labor needed in huge farms. The global food chain worldwide is highly multi-actor based and distributed, with numerous different actors involved, such as farmers, shipping companies, wholesalers...
Blockchain in Agriculture and Food Supply Chain Market to See Major Growth by 2025
The global blockchain in agriculture and food supply chain market size is estimated to be USD 133 million in 2020. It is projected to reach USD 984 million by 2025, at a 48.1% CAGR during the forecast period. The urgent need for optimization highly drives the blockchain market in the agriculutre and food supply chains to reduce costs and ensure safety and quality food delivery to...
Blockchain Technology to Redefine the Food and Agriculture Industries
The global blockchain in agriculture and food supply chain market is estimated to be valued at USD 60.8 million in 2018 and is projected to reach USD 429.7 million by 2023, at a CAGR of 47.8% during the forecast period. Blockchain technology is revolutionizing the food and agriculture sectors by enhancing the decision-making capabilities of organizations. According to the FAO, every year nearly one-third...
Blockchain: Change is coming to agricultural supply chains
The blockchain in agriculture and food supply chain market is estimated to be valued at USD 60.8 million in 2018 and is projected to reach USD 429.7 million by 2023, at a CAGR of 47.8%. Blockchain technology is revolutionizing the food and agriculture sectors by enhancing the decision-making capabilities of organizations. It finds several potential applications in these sectors, some of which have...