BLOCKCHAIN TECHNOLOGY IS A SOLUTION TO AGRICULTURAL CHALLENGES IN AFRICA

Technology has become the crux of agricultural progression and is at the centre of increasing production while ensuring that contracts with farmers, and consumers remain true to the book.

- Antony Simbowo

The most recent development involves the application of blockchain technology in smart farming. Blockchain technology is developed in the form of a ledger that lists each account and transaction written and even those that are stored by any participant. The collective management of the ledger is by way of a peer-to-peer network that requires that every new record undergoes verification by the network before being added to the blockchain. In an article, frontiersin.

org reported that to change or alter any data within a blockchain, the entire network or its majority should agree. This makes it a challenge and almost an impossibility to change the data recorded within a ledger. For that matter, blockchain produces a truthful account and record regarding farming, inventories and any agriculture agreement that more often than not are expensive to collect, distribute and store for use by many farmers.