A report from CoBank says blockchain technology might create benefits for agribusiness with lower transaction costs, increased traceability, and potentially greater value creation across the supply chain. CoBank’s Tanner Ehmke tells Brownfield blockchain technology allows people to record transactions and maintain a data log on a network of computers.
Ehmke says blockchain technology is becoming more useful. He says Walmart wants to use it to assist in food traceability. And blockchain technology can benefit individual farmers.
Continue reading Agribusiness faces change through blockchain technology at Brownfield Ag News.
