BlockApps introduces Ethereum-based agro monitoring network in partnership with Bayer

BlockApps, which offers blockchain solutions, has launched a blockchain-powered agricultural crop monitoring network called “TraceHarvest”, with Bayer, one of the largest chemical manufacturers in the business world, as its main user.

TraceHarvest not only facilitates the monitoring of the life cycle of agricultural products, but also clearly places the obligations of each participant in the distribution chain.

The platform begins monitoring with the origin of the seeds, offering users real-time data, thus paving the way for eliminating the problems associated with monitoring crops on a manual basis.

Anyone involved in the agricultural sector, including farmers, manufacturers, resellers, distributors, technology suppliers, etc., can become a member of the TraceHarvest network. The platform intends to offer farmers the opportunity to access unexplored markets and make extra income.

In addition to crop monitoring, the platform can be used for environmental and consumer safety, for example, carbon offsetting credits and food safety recalls. Furthermore, the company expects the data recorded on the network to be available to researchers to transform the supply chain into eco-friendly and durable.

BlockApps partnered with Bayer Crop Science in this venture, a unit of Bayer, which helped build the network. The German pharmaceutical giant has used it for the past two years in customer-related functions in the United States and Brazil to monitor soybean and corn crops, as well as other crops.

Regarding the launch, said BlockApps president and CEO Kieren James Lubin “Blockchain technology is already revolutionizing the agricultural sector and, thanks to our partnership with Bayer, we are pioneers in this sector. Together we have managed to turn this concept into reality. “

Recently, many countries and businesses have also begun to implement blockchain in the crop-related supply chain. Last October, major agricultural companies from the United States, France, the Netherlands and China launched a joint venture that will use blockchain technology to simplify logistical procedures in the Brazilian agricultural sector.

Similarly, in September, Steven Marshall, Prime Minister of South Australia, launched a blockchain-based Entrust venture with the primary goal of safeguarding the wine and dairy industry from scam in international markets and making significant savings on costs at all stages of the agriculture sector.