Author: Jagdish Kumar, India
With a view to strengthen and streamline public distribution network in the state, Kerala is opting for new technologies such as blockchain technology.
In this, the state will use blockchain to streamline purchase and distribution network of milk, vegetables and fish in the state.
The project will be implemented by Kerala Development and Innovation Strategic Council (K-DISC), state’s think-tank mandated to formulate to create an ecosystem with the help of new technologies.
To make this possible, K-DISC has started a Accelerated Blockchain Competency Development (ABCD) project programme to train students in blockchain technology, so that they can be utilized in the state, as well as they can move to other countries, as it has immense job potential.
In a release, the tate government said that it will be using the new technology to its crop insurance scheme smarter and fool-proof, ensuring quick processing and settlement of claims to farmers suffering crop losses.
Chairman of K-DISC, K M Abraham said that in the dairy sector, the project will ensure speedy delivery of high quality milk by continuously monitoring production, procurement and distribution through an electronic ledger.
Blockchain technology in crop insurance would help avoid time-lag in the assessment and delivery of compensation to farmers who suffer losses due to natural calamities, Abraham said.
After the implementation, role of middleman will be eliminated in the agriculture sector. Apart from that, blockchain will also help the government in ascertaining whether the crop loss was due to natural causes or not, which would help avoid unnecessary disputes between insurance firms and beneficiaries.
The entire process starting from making applications for coverage to the settlement of claims will be hassle-free and time-saving.
Supply of vegetables and fish is a key area where the new technology is to be introduced, where farms and fish-landing spots will be linked with packaging centres using geo-coded images. This will enable continuous monitoring and verification of goods at every point of their movement right from the warehouses, wholesale and retail centres up to the point of sale to the consumer, the statement added.
Image credit: beebom.com