Blockchain to Monitor Chicken Propagation in China
Cryptovest
Published Jun 01, 2018 04:15PM ET
Updated Jun 02, 2018 04:20AM ET
Blockchain to Monitor Chicken Propagation in China
China is counting on blockchain technology to monitor chicken propagation with the aim of “alleviating poverty” in underdeveloped rural areas and for food security.
The program is being implemented in the mountainous region of Daozhen, in rural Guizhou in southwestern China, where the local government is partnering with the private sector to build a chicken farm that applies blockchain. The program is a collaboration between the local government of Daozhen and Anlink and ZhongAn Technology and aims to raise the income of underserved families in the region.
Initially, the farm will raise 6,000 chicks then release them in two two-hectare free range farms once they grow more substantial to enjoy at least 6.7 square meters of space each. The chickens in the farms will be given 166 days to mature, while the regular chickens intended for consumption in restaurants or supermarkets will be allowed to grow for 40 days.
However, the chickens will be fitted with wearables on their legs to keep track of their daily activities. Monitoring stations will be set up around the farm to observe the soil, water, and air quality in the area. All of this information will be uploaded to the cloud and secured by blockchain, including the shipping records of each of the chickens.
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According to the company, they have other chickens raised on their other farms using blockchain technology are sold for $37 each and $41.70 for chilled. Local supermarkets are selling regular chicken for nearly $9.34 each.
It added that customers are assured they are buying high-quality chickens because they are bred using blockchain technology with the best living conditions. And since all records are stored in] the blockchain, the data is impossible to counterfeit, and customers are assured that the chickens are worth their high price.
In addition, ZhongAn CEO Chen Wei said they also want to determine other applications of blockchain in other industries, including insurance and finance. Wei said that in time, blockchain could drive the company's growth moving forward while admitting that its adoption is still in its early stages and needs investment.
More recently, China has been pushing for blockchain adoption particularly in the real-time economy while still maintaining its protectionist policy.
Chinese President Xi Jinping said in his speech during the annual Chinese Academy of Sciences conference held on May 28:
"To achieve the great goal of building a modernized socialist nation and realize the Chinese dream of the great rejuvenation of the Chinese nation, we must have strong scientific and technological strength and innovation capabilities."
This article appeared first on Cryptovest
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