In a recent episode of 'The Clear Crypto Podcast', the prospects of blockchain application in agriculture were discussed. Expert Yana Leonova emphasizes that this technology can help solve major challenges faced by humanity, such as food waste and land disputes.
Blockchain in Action
Yana Leonova, holding a PhD in agricultural economics, explains that blockchain is already demonstrating its usefulness. For example, projects like IBM Food Trust and WWF’s OpenSC track products based on blockchain technology. In the UAE, the 'Farm to Plate' initiative reduced food waste by $6 billion by improving supply chain visibility. Leonova noted, 'Blockchain gives you a real-time picture… and data is the key these days.'
Philosophy of Blockchain
Blockchain can also address justice issues. Leonova discusses how immutable ledgers can protect land ownership rights, especially after disasters when paper records are lost. 'Nobody can impose their rights on your property. You cannot bribe the blockchain.' The podcast hosts also point out that such examples show blockchain can solve real problems, not just serve for speculation.
The Future of Blockchain in Agriculture
Despite lingering skepticism, Leonova remains optimistic about the adoption of the technology: 'It takes time to recognize and adapt to blockchain… But once trust is built, it can play a huge role for humanity.'
Thus, blockchain provides new opportunities to enhance sustainability in agriculture and offers solutions to significant legal and economic issues. Its adoption may be key to more equitable and efficient agricultural practices.
