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Author Topic: [2019-03-18] CO Lawmakers Seek Exploration of Blockchain Use in Agriculture  (Read 49 times)
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March 18, 2019, 02:43:32 PM
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Colorado Lawmakers Seek Exploration of Blockchain Use in Agriculture

https://www.coindesk.com/colorado-lawmakers-seek-exploration-of-blockchain-use-in-agriculture?hootPostID=bab399875aedfee890f75687a68d2728

Lawmakers in the U.S. state of Colorado are eyeing a role for blockchain technology in the agricultural industry.

Four representatives and senators from the state jointly filed the bipartisan house bill 1247 on Friday, proposing that the commissioner of the Department of Agriculture assemble an advisory group to study the potential applications for blockchain technology in agricultural operations.

Several blockchain use cases were identified by the lawmakers, including improving traceability of products “from farm to shelf,” controlling inventory and monitoring in-field conditions such as weather and soil quality.

Maintaining records for production and transportation equipment, verifying data and certification of organic products, tracking and ordering resources such as fertilizer and seed – all using blockchain – are also some of the other areas that could be studied by the group.

As proposed, the advisory group would eventually report back to the general assembly with its findings and recommendations for any legislation by Jan. 15, 2020.

The prospect of improving agricultural operations through blockchain technology is starting to see widespread interest across the globe.

The area of supply chains is seeing particular attention, with numerous projects having launched to investigate the tracking of products such as coffee, meat, milk, fish and more.

Last month, French President Emmanuel Macron made a strident call for increased use of data technologies such as blockchain across the EU to boost the agriculture industry and address concerns over food traceability following the Polish meat scandal.

And, back in October, the four biggest agricultural corporations, popularly known as the “ABCD” – Archer Daniels Midland Company, Bunge, Cargill, and Louis Dreyfus – were also looking to blockchain and AI to bring the global grain trade into the digital age.

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March 18, 2019, 02:59:09 PM
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just joining the hype train , thats all
blockchain is not a panacea and not aplicable in every single area you want
also "report back to the general assembly with its findings and recommendations for any legislation by Jan. 15, 2020"
doesn't sound too encouraging , its beauraucracy at its finest - study , report and then if something happens we might consider looking into it  ...

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March 18, 2019, 04:04:32 PM
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Well, still a good news though. I think blockchain indeed can be used for improving traceability of products, and it's good the officials are going to explore the subject. Also Jan. 15, 2020 isn't that far away.

Another good aspect of this news is that it's happening in the USA. Many of other countries' officials are trying to follow in the footsteps of them.

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March 19, 2019, 04:19:12 PM
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It is useful for use in the supply chain to ensure we receive what we are buying. There has been scandals where beef turned out to be horse meat so a transparent system would be better

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March 19, 2019, 08:38:30 PM
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Maintaining records for production and transportation equipment, verifying data and certification of organic products, tracking and ordering resources such as fertilizer and seed – all using blockchain – are also some of the other areas that could be studied by the group.



The previous days were an article about Carrefour, which plans to implement these things for some dairy products.

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