Deployment of Co-operative Farming Ecosystems Using Blockchain

Abstract

Blockchain has helped us in designing and developing decentralised distributed systems. This, in turn, has proved to be quite beneficial for various industries grappling with problems regarding a centralised system. So, we thought of exploring blockchain’s feasibility in the agricultural industry. India is a country where a large part of the population is still dependent on agriculture, however, there’s no proper system in use as yet that can help the farmers get the right price for their farm products and help the consumers get an affordable price for their needs.Thus, we propose a blockchain based decentralized marketplace where we will implement a collaborative model between farmers and consumers. This model will allow the farmers to record their potential crops and the expected output on decentralised ledger besides, enabling them to showcase their integrity and credibility to consumers. The consumers, on the other hand, can actually check everything about the farmers with the help of their information based on the previous supplies. This open and full proof digital market framework will thus reduce black marketing, hoarding, adulteration, etc. In this research paper, we have explored one possible blockchain model by creating a breach proof ledger of records. We have used solidity and ethereum frameworks for the working of the model.