Brussels Briefing n. 55: Chris Addison "Blockchain applications for ACP sustainable agriculture"
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The Brussels Development Briefing n. 55 on "Opportunities of blockchain for agriculture" organised by CTA, the European Commission/EuropeAid, the ACP Secretariat, Concord and BMZ was held on 15th May 2019 (9h00-13h00) at the ACP Secretariat, Avenue Georges Henri 451, 1200 Brussels, Room C.
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Brussels Briefing n. 55: Chris Addison "Blockchain applications for ACP sustainable agriculture"
- 1. Blockchain applications for ACP sustainable agriculture Chris Addison Senior Programme Coordinator Data4Ag Technical Centre for Agriculture and Rural Cooperation CTA.INT
- 2. 1200 2330 60.8 429.7 0 500 1000 1500 2000 2500 2018 2023 Global Market Forecasts All Blockchain Blockchain in Agriculture $1.2 Billion $23.3 Billion $60.3 Million $429.7 Million Marketwatch Dec 10, 2018 6:07 p.m. ET NEW YORK, /PRNewswire/ MarketWatch Oct 3, 2018 4:56 a.m. ET - ResearchAndMarkets.com Reportlinker 2018 2023
- 3. Blockchain for agriculture & food security SDG2 Blockchain in Smallholder Farmer Agricultural Development Traceability Transparency Food Safety Certification Land Ownership Improved Logistics Remittances Market Access Agricultural Finance Resilience World Wildlife Fund IBM FoodTrust BitPesa Origin Provenance Agri-wallet Bitmari Bitsoko EthicHub UPS Shipchain Avenews-GT Ambrosus Ripe.io BenBen Ghana AgUnity AgriDigital
- 4. Features of blockchain supporting social enterprise Advantages Challenges Trust system-Immutability Entry cost Transparency Private networks Decentralisation Awareness/Access to skills Virtual organisation Resources/policy Smart contracts Openness of algorithms ID control Ownership Consumer information Communication Certification Standards/Interoperability Consumer Confidence Long term security & technology change
- 5. Not just about cryptocurrency? Tools used with blockchain for agriculture 12:15 Timestamp QR code Steps in value chain Product tracking IF X=Y+1 AND A=B/C THEN Algorithm Smart contract IoT/Sensors Cold chain/ Environment Application Consumer/ Certification ? ID technology ID management
- 7. Etherisc| Insurance and finance
- 8. EthicHub | Social impact finance
- 9. 9 WWF | Tracking and tracing
- 11. Land LayBy| Land ownership
- 12. Agri-wallet| Savings and credit status
- 13. Next steps • CTA Project partners meeting 28th May 2019 • “Food systems transparency” September 2019 Amsterdam Organisers: TheFork • New community sign up at bit.ly/AgriBlockGroup http://ictupdate.cta.int
Notas del editor
- How livelihoods of farmers and locals be improved through data and data enabled innovations?
- Tens of millions of smallholders in Africa with digital systems Blockchain Report https://www.reportlinker.com/p04226790/Blockchain-Technology-Market-by-Provider-Application-Organization-Size-Vertical-and-Region-Global-Forecast-to.html Blockchain in agriculture report https://www.prnewswire.com/news-releases/blockchain-in-agriculture-market-and-food-supply-chain-2018-2023-focus-on-product-traceability-payment-and-settlement-smart-contracts-and-governance-risk-and-compliance-management-300723622.html
- A few key trade-off considerations include: • Value for each actor • Availability of supporting infrastructure, i.e., tools, and enabling technology • Level of digital maturity of various actors • Level of connectivity • Level of data quality and standardization • Incentive(s) for different actors • Level of collaboration/mistrust between partners • Investment required (cost to set up, digital transformation, and technology operations) Further detail is provided throughout the report on the benefits and trade-offs for the four selected commodities. https://www.accenture.com/_acnmedia/PDF-93/Accenture-Tracing-Supply-Chain-Blockchain-Study-PoV.pdf#zoom=50