Agritech network is the new entrant on the Ethereum blockchain, and the newbie aims to track agricultural products. Interestingly, Bayer is one of the giants in pharmaceuticals, and it is already on board.
BlockApps releases the Agritech network called “TraceHarvest” on the 18th of November. This new entrant in the community will equip users to learn everything on the life cycle of agricultural products right from the seed source.
It will also help the users identify everyone involved in the supply chain and know their responsibilities. On the TraceHarvest platform, users will get real-time information to eliminate issues around manual tracking.
Is Ethereum-Powered TraceHarvest Accessible to all?
According to our findings, everyone who is presently in the supply chain can access the platform. If you’re a distributor, farmer, technology provider, manufacturer, etc., you can use the forum.
TraceHarvest can rely on the platform as a pathway to entering a new market and making more money. Moreover, the platform is not just a crop tracking tool. It can serve as a way of protecting the environment and consumers from unfair practices. In fact, it will allow researchers to solidify the food supply chain by using data in the TraceHarvest database.
The most exciting aspect of the launch is that Bayer Crop Science collaborates with the new platform. The company helped in developing the network and has been utilizing the venue for two years now.
According to what we gathered, the pharma giant has used TraceHarvest to handle its customer-related operation in Brazil and the United States. They’ve been using the platform to track corn yields and soybean plus others.
As the CEO of BlockApps said about the TraceHarvest lanch, they’re happy to be among the first people to revolutionize the agricultural industry. He also expressed their gratitude to Bayer for their support in making it work.
Revolutions in Agricultural Supply Chains
From what is happening worldwide, the agricultural industry is gradually becoming another group on the blockchain network. Many countries are already adopting technology in the supply chain around crops.
Countries such as China, the US, Netherlands, France, South Australia has taken the bold step, and many are soon to join.