India Uses Artificial Intelligence and Blockchain to Help Local Farmers

The technology company Agric10x announced a collaboration with the government of India. Their work is aimed at creating a connection between farmers, enterprises and markets. As a result, farmers in the country will be able to sell their products faster and with the greatest profit directly to consumers.

Agric10x is an agricultural E-Market with artificial intelligence and blockchain. Using the platform, farmers will be able to sell their products and minimize the number of intermediaries.

According to the company, blockchain technology is very useful in many industries, especially having established itself in agriculture. Blockchain helps increase consumer confidence and reduce the time spent collecting and storing data on goods and their origin and quality. Using artificial intelligence and blockchain technology, Agric10x aims at attracting more than 3 million farmers from India by the end of 2020.

Image courtesy of Medium blog