India is heading to blockchain technology in agriculture

India is heading to

 blockchain technology in agriculture

The eastern Indian state of Jharkhand benefits from blockchain technology to

 distribute seeds to farmers in the region, without the need for intermediaries.

The Jharkhand Seed Distribution Plan includes recording grants to

 state farmers on ledgers distributed to the public.

Qualified farmers receive a one-time password (OTP) 

on their mobile phone as an additional layer of

 authentication to prevent duplication and duplication.

The Minister of Agriculture of the State, Abubakar Siddiqui

revealed that:

The blockchain technology system is the first of 

its kind in India's agricultural sector

This paves the way for other states seeking to rely on technology.

This system helps overcome many of 

the challenges facing seed distribution in the region

including high costs

 as a result of relying on intermediaries for distribution.

Siddiqui says that the state's Department of Agriculture saves costs 

and time by eliminating intermediaries and direct access to farmers.

Using blockchain technology to 

distribute seeds prevents fraud in the supply chain

where the details of each seed grant are recorded on the chain.

Abubakar Siddiqui refers to 

the stability of blockchain technology as a fundamental feature of the system

 making it resistant to manipulation and protecting farmers' 

digital identities continuously.

The seed distribution system also solves Jharkhand's problem in tracking

 farmers due to immigration or death as only eligible individuals

 are allowed to apply for seeds.

Through :

this initiative dealing with large amounts of data

Developed global blockchain technology such as BSV can greatly contribute to

 the preservation of the Jharkhand project.

Information stored on the BSV blockchain is also secured thanks to 

its encryption algorithm, helping authorities easily verify data

 and enhance transparency.

In addition to the seed distribution initiative, incentives are being offered to

 dairy farmers to increase milk production in the region.

Since

 the implementation of the scheme

Milk production rose to 250 thousand litres per day from 130 thousand litres

 according to data obtained from milk processing plants in Palamo

Diogar and Sahbagang.

In addition to increasing dairy production and improving seed distribution

 Jharkhand has made impressive strides in agriculture to become one of 

the leading rice, wheat and corn production countries in India.

Thanks to the integration of blockchain technology and other digital verification

 tools, Jharkhand has since provided more than $57 million in grants to 

farmers in the state.

One year after Finance Minister

 Nirmala Sitaraman announced plans to increase blockchain technology 

adoption rates by 46%, municipal governments integrated 

this technology into their operations.

Maharashtra

India's second most populous state, previously announced

 a blockchain system to register real estate transactions

While New Delhi announced

 a platform based on blockchain forensic technology.

In order to increase the adoption rates of blockchain technology

Several training courses on blockchain have been organized for Indian residents

 with the aim of enhancing their skills and expanding the talent base to support

 local and international Web3 companies