Blockchain, an opportunity for Peruvian agriculture

Implementing this technology in the agri-food sector will increase its competitiveness, reduce transaction processes, lower costs and facilitate the traceability of products, which will generate greater confidence in the markets and improve agricultural trade. That was the conclusion of a virtual event organized by the Inter-American Institute for Cooperation on Agriculture (IICA) and the Panamanian company Foodchain, which brought together more than 50 representatives from agribusiness, government, academia, and organized producers. (Read: Blockchain technology joins the citrus traceability system) At the meeting, held within the framework of the IICA project "Institutional strengthening to support pilot plans to implement agriculture 4.0 with digital agrosystems for traceability and agricultural exports in Uruguay, Peru, Mexico and Panama", it was discussed how it works the blockchain or the blockchain, what are smart contracts and how to take advantage of technological ...