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March 8, 2019

Can Blockchain Save the Global Farmer?

March 8, 2019

Can Blockchain Save the Global Farmer?

Can Blockchain Help Global Farmers?

Originally Seen in Medium

The biggest challenge facing farmers worldwide is not global warming, or the threat of crop failure, but the poor quality of capital available to them. Farmers face sustained financial pressure from poor capital terms, and the potential loss of livelihood has caused many to take their own lives. Farmer suicide is now a global crisis that is not limited to developing economies, and can be seen even in developed countries such as Australia, France, and the US.

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As Blockchain continues its rise to widespread mainstream adoption, new use cases will continue to arise and spark innovative development.  As a Blockchain solutions firm, we get asked almost daily if Blockchain can be used as a regular data store similar to SQL and other common relational database management systems.  Almost always our response comes down to the following description of what Blockchain has to offer and how it should be leveraged for specific use cases. As time goes on and increases are made to the scale and transaction speed at which the Blockchain can operate, the use cases for Blockchain will expand into many new fields and scenarios.

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Given the state of the current crypto winter, many of us have seen and heard about a large amount of negative sentiments regarding blockchain and its potential to be a truly game-changing technology.

As a team that has been deeply involved in helping clients build solutions with this technology, we foresee some solid momentum with regards to the applicability and feasibility of blockchain-related products. Below are a few of our predictions as to how blockchain will move forward and evolve in 2019.

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