The foundation and success for any country start with good health and that is the substratum of fortunate growth. A country can not grow with prosperity when the people are sick with contaminated consumption of food. India being the supporter of blockchain technology can be seen coming up with new plans, ideas and its implementation to become the leading economy in the world graph.
To provide fresh food, vegetables, fish and supply of milk with the standard quality the State Govt. of Kerala ready to leverage the disruptive blockchain technology.
Business Standard, the Press Trust of India report mentions, the Kerala Development and Innovation Strategic Council (K-DISC) committee is planning to implement this initiative first hand with full credence while maintaining the country’s well-being. Chair of the K-DISC, Dr. K.M. Abraham, used the dairy supply chain as an example of how the technology can be valuable for this use case, explaining:
“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.”
From warehouse to the point of sale the products will be strictly monitored by using internet of things, RFID Tags, and mobile applications. This process will also help the supplier to streamline the purchase and distribution segment in a more advanced and transparent way.
K-DISC’s another crucial step to accelerate the claim process for crop insurance while using blockchain technology is also in the air. With the anticipation to resolve disputes between farmers and insurance companies by eliminating middlemen which this technology has brought up while solving and determining the clear occurrences of natural disasters.
As per the research, Kerala can be concluded the second state in India giving the wave to blockchain academy, a place where industry participants can go to learn about the emerging technology. Indian Prime Minister, Narendra Modi also announced a “Future Skills” program aimed at providing young people with up-to-date training on new technology and technical skills.