India’s Kerala to Use Blockchain in Food Supply Chains
Cryptovest
Published Jun 19, 2018 04:33AM ET
India’s Kerala to Use Blockchain in Food Supply Chains
The government of Kerala, a state on the south-west coast of India, plans to implement a blockchain strategy to speed up the purchase and distribution of milk, fish, and vegetables. The project will be carried out via the Kerala Development and Innovation Strategic Council (K-DISC), a local think-tank charged with the implementation of plans to develop a healthy ecosystem driven by innovative technologies.
The local government will also leverage blockchain to transform its crop insurance scheme to streamline processes like the settlement of claims for farmers who have suffered crop losses. The technology will save time and energy in the compensation assessment and delivery to the victims. Blockchain will also be helpful in determining the cause of the crop loss, whether it is natural or not, thus reducing disputes between insurance companies and policyholders.
According to K-DISC chairman K.M. Abraham, the project will benefit the dairy sector by guaranteeing the quick delivery of quality milk through tracking production, purchase, and distribution via an electronic ledger. He revealed that each part of the supply network would possess an identification number to help members check the origin and the quality of the product.
Blockchain will also be implemented to track the supply of vegetables and fish. The technology will help the farm and fish-landing spots connect with packaging centers based on geo-coded images. This will ensure parties monitor and check the goods at any point in the supply chain movement.
K-DISC, which also acts as an advisory body to the government, recently launched a program to teach students about blockchain, helping them benefit from an emerging market with great job potential.
Kerala is not the only Indian state whose government is testing the distributed ledger technology. Last year, Telangana announced it would move its land records to a blockchain platform to increase security. The move coincided with a new subsidy program for farmers.
In February this year, a top official in the state of Maharashtra This article appeared first on Cryptovest 
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