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DIGITAL+FARMING=DIGIFARM
Digital farming can be defined as the use of technology by farmers to integrate financial and field-level records for complete farm activity management.DigiFarm is an integrated web 3.0 based platform that offers farmers convenient, one-stop access to a variety of services that abide by the MSPs set by the government and enable the farmers to easily transact, learn and grow. DigiFarm will reduce the middleman work - which is not trustworthy and efficient.With advancements in Blockchain, the data analysis capabilities have improved further. Digitalization in agriculture is slowly also revolutionizing.This vast and complex sector remains the center of the world economy as, still over 60% of the global population depends on it for survival.
The farmers can feed their produce and other required data through the farmer portal and this is how the data will be sent, directly to the government’s database without any modifications.On the other hand, once the government receives the data in its database the quality of the produce can be verified manually and, if approved, the necessary actions can be taken and a certificate in the form of an NFT will be generated at the farmer’s end.
Based on the historical cropping patterns, DigiFarm's SmartRisk can estimate yield. It helps the farmers by increasing their credibility.
Organization would require to have teams and products for data security and warehousing so that the information can be effectively used across the years for analysis and decision making. Many organizations having their inhouse product have missed on this part thus data utilization has become a big challenge.
The product development to implementation cycle for a product like basic farm management can be between 12 to 24 months and the business would lose valuable time during the entire process. Farm management companies such as CropIn have a dedicated team to develop this product.
Out house management companies have a dedicated team for Project implementation, Customer Success and Data Science that have extensive experience and knowledge in successfully implementing products and solving the common challenges faced in the field.
Since data on a blockchain network, once stored cannot be changed for any reason therefore,the data stored is immutable, secure, stable and trustworthy.
Since, there is direct communication between the farmer and the government without the role of any mediators,the system is completely transparent.
Since, the role of middlemen is completely eliminated, the costs enforced by them are completely deducted.Also, the MSPs are strictly followed.
When exchange of data is recorded on a blockchain network,there exists an audit trail that shows where the data came from and every stop it made on its journey.
DigiFarm
wearedigifarm@gmail.com
938384847483
VIT, Vellore
