cover image: Harnessing blockchain technology for commodity chains

20.500.12592/m6mj79

Harnessing blockchain technology for commodity chains

6 Jul 2020

A tax collector Yet, there is little knowledge among agri-food professionals of would come to a farmer, calculate the tax that the farmer would how the technology works, and there is (still) limited evidence owe by the end of the harvest, and ‘write’ that tax on a stick us- of the impact blockchain has on the efficiency, the transparency ing a system of notches (narrow for pennies, wider for shill. [...] This article provides a brief introduction to the required amount of money, which would be verified by the blockchain, give examples of its use in the agri-food sector and half of the stick kept by the collector. [...] • transactions can occur almost in real-time, and are irrevers- Blockchain allows parties of the transaction to perform a ible and immutable, leading to increases in accuracy and verification without referring to any such authority and this can confidence in the information, and a reduction in fraud; be extremely useful, for example, in establishing provenance • reliability of information is assur. [...] These and the internet is not evenly distributed between men and choices may require technical knowledge, but they may have women, young and older people, and between cities and rural influence on the power balance in the chain and the impact areas (Aker & Mbiti, 2009). [...] The Moyee-FairChain partnership is digitising Ethiopian coffee Measuring results of this project and the effects resulting from farmers and workers, providing them with digital identities, wal- adding blockchain investments is yet to be done, and the busi- lets, yield and income histories, access to their own data, and ness case of Moyee is not yet proven.
Pages
12
Published in
Netherlands